100 Groton Parkway Inc

Analysis

100 Groton Parkway Inc is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in May 1986, 40 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, 100 Groton Parkway Inc reported income of $539k and spending of $622k, spending 115% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $531k to $539k (+1.6%), an average of +0.5% a year. Over the whole period it spent 114% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, 100 Groton Parkway Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 67th percentile within NY. Charities of a similar size with the same main cause include Eastmont Community Foudation Inc ($539k), Fryderyk Chopin Polish School in Palatine ($539k) and River Raisin Centre for the Arts Inc ($539k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.1% and program service revenue 92% of the total. At year end it held assets of $2.7m against liabilities of $202k, net assets of $2.5m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.