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Cary Institute of Ecosystem Studies Inc

RegisteredEIN 22-3232968Millbrook, NYEnvironment and conservation
Income$7.4m2023-06
Spending$14.3msame year
Spent / received118%5-year average
Size in its cause96th pctEnvironment and conservation
Exempt since1993Publicly supported organisat
Employees103latest return

Analysis

Cary Institute of Ecosystem Studies Inc is a registered charity in United States, based in Millbrook, NY. It received its IRS tax-exemption ruling in June 1993, 33 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 June 2023, Cary Institute of Ecosystem Studies Inc reported income of $7.4m and spending of $14.3m, spending 193% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $11.3m to $7.4m (-35%), an average of -10% a year. The sharpest change came in the year to June 2020, when income rose by 39%. Over the whole period it spent 118% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Cary Institute of Ecosystem Studies Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within NY. Charities of a similar size with the same main cause include Blue Forest Finance Inc ($7.4m), Irvine Ranch Conservancy ($7.5m) and Turpentine Creek Foundation Inc ($7.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 78% and program service revenue 2.3% of the total. Compensation of current officers, directors and key employees was $779k (5.4% of expenses). Other salaries and wages came to $5.4m. At year end it held assets of $141.8m against liabilities of $2.1m, net assets of $139.7m. It reported 103 employees.

Income and spending

$0$3.9m$7.9m$11.8m$15.7m2019 Income: $11,343,4302019 Spending: $15,046,42120192020 Income: $15,738,4202020 Spending: $15,161,58620202021 Income: $15,688,7792021 Spending: $13,976,43220212022 Income: $10,369,0572022 Spending: $13,189,70620222023 Income: $7,403,8192023 Spending: $14,320,2342023
IncomeSpending

Where the income comes from

  • Contributions & grants 78%
  • Program services 2.3%
  • Other 20%

Similar-sized charities, same cause

CharityLocationIncome
Blue Forest Finance IncSacramento$7.4m
Irvine Ranch ConservancyIrvine$7.5m
Turpentine Creek Foundation IncEureka SPGS$7.4m
James River AssociationRichmond$7.5m