Forest Park Trust Inc

Analysis

Forest Park Trust Inc is a registered charity in United States, based in Woodhaven, NY. It received its IRS tax-exemption ruling in December 1997, 29 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, Forest Park Trust Inc reported income of $340k and spending of $290k, spending 85% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $204k to $340k (+67%), an average of +18% a year. The sharpest change came in the year to June 2022, when income rose by 52%. Over the whole period it spent 97% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Forest Park Trust Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 60th percentile within NY. Charities of a similar size with the same main cause include Fire Safe San Mateo County Inc ($340k), Bronx Land Trust ($341k) and Marine Resources Council of East Florida Inc ($340k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 87% and program service revenue 13% of the total. Other salaries and wages came to $51k. At year end it held assets of $420k against liabilities of $10k, net assets of $410k. It reported 4 employees.