Thousand Island Park Foundation Inc

Analysis

Thousand Island Park Foundation Inc is a registered charity in United States, based in Thousnd Is PK, NY. It received its IRS tax-exemption ruling in December 2013, 13 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Thousand Island Park Foundation Inc reported income of $74k and spending of $90k, spending 122% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $43k to $74k (+74%), an average of +20% a year. The sharpest change came in the year to December 2022, when income rose by 59%. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Thousand Island Park Foundation Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 30th percentile within NY. Charities of a similar size with the same main cause include Lemont High School Band Parents Association ($74k), New York Flute Club Inc ($74k) and 101 East 69th Street Conservancy ($74k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% of the total. At year end it held assets of $573k against liabilities of $34k, net assets of $539k.