New York Landmarks Conservancy Inc

Analysis

New York Landmarks Conservancy Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 1972, 54 years ago. 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 York Landmarks Conservancy Inc reported income of $4.6m and spending of $4.6m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.4m to $4.6m (+4.3%), an average of +1.1% a year. The sharpest change came in the year to December 2021, when income rose by 36%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New York Landmarks Conservancy Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 89th percentile within NY. Charities of a similar size with the same main cause include Southern Conference ($4.6m), Seacology ($4.6m) and Harvey Cedars Bible Conference Inc Harvey Cedars N J ($4.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 1.2% of the total. Compensation of current officers, directors and key employees was $612k (13% of expenses). Other salaries and wages came to $1.0m. It paid $65k in professional fundraising fees. At year end it held assets of $24.1m against liabilities of $5.1m, net assets of $18.9m. It reported 16 employees.