New York Geothermal Foundation Inc

Analysis

New York Geothermal Foundation Inc is a registered charity in United States, based in West Seneca, NY. It received its IRS tax-exemption ruling in July 2015, 11 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, New York Geothermal Foundation Inc reported income of $89k and spending of $55k, leaving 38% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $100k to $89k (-11%), an average of -5.9% a year. The sharpest change came in the year to December 2023, when income dropped by 23%. Over the whole period it spent 83% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, New York Geothermal 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 34th percentile, and in the 34th percentile within NY. Charities of a similar size with the same main cause include Waquoit Bay Reserve Foundation Inc ($89k), Pocket Change 360 ($89k) and Northern California Botanists ($89k).

At year end it held assets of $736k against liabilities of $717k, net assets of $20k.