New Suffolk Waterfront Fund Inc

Analysis

New Suffolk Waterfront Fund Inc is a registered charity in United States, based in New Suffolk, NY. It received its IRS tax-exemption ruling in September 2006, 20 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, New Suffolk Waterfront Fund Inc reported income of $237k and spending of $238k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $218k to $237k (+8.7%), an average of +2.1% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 80% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, New Suffolk Waterfront Fund Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within NY. Charities of a similar size with the same main cause include Save Habitat and Diversity of Wetlands Organization ($237k), Coral Springs Nature Center and Wildlife Hospital Inc ($237k) and Green Columbus ($237k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 0.6% of the total. Other salaries and wages came to $13k. At year end it held assets of $3.5m against liabilities of $1.3m, net assets of $2.2m. It reported 2 employees.