Floresta Project Inc

Analysis

Floresta Project Inc is a registered charity in United States, based in Phoenicia, NY. It received its IRS tax-exemption ruling in November 2009, 17 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, Floresta Project Inc reported income of $438k and spending of $346k, leaving 21% of income unspent that year. Across the 3 years on record, from December 2020 to December 2023, income grew from $271k to $438k (+62%), an average of +27% a year. The sharpest change came in the year to December 2022, when income rose by 99%. Over the whole period it spent 87% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Floresta Project Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 64th percentile within NY. Charities of a similar size with the same main cause include Manada Conservancy ($438k), Four Corners Office for Resource Efficiency ($438k) and Hammond Climate Solutions Foundation ($438k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $10k (2.9% of expenses). At year end it held assets of $98k against liabilities of $0, net assets of $98k.