Untermyer Gardens Conservancy

Analysis

Untermyer Gardens Conservancy is a registered charity in United States, based in Yonkers, NY. It received its IRS tax-exemption ruling in May 2011, 15 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Untermyer Gardens Conservancy reported income of $2.5m and spending of $2.3m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $2.5m (+103%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 42%. Over the whole period it spent 88% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Untermyer Gardens Conservancy sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 85th percentile within NY. Charities of a similar size with the same main cause include Downtown Las Vegas Soccer Club ($2.5m), St Peters Hockey Club ($2.5m) and Falmouth Road Race Inc ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 4.5% of the total. Compensation of current officers, directors and key employees was $152k (6.6% of expenses). Other salaries and wages came to $239k. At year end it held assets of $2.0m against liabilities of $210k, net assets of $1.8m. It reported 30 employees.