New York Appleseed Inc

Analysis

New York Appleseed Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in November 2015, 11 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, New York Appleseed Inc reported income of $397k and spending of $261k, leaving 34% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $244k to $397k (+63%), an average of +18% a year. The sharpest change came in the year to June 2023, when income rose by 128%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New York Appleseed 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 66th percentile, and in the 63rd percentile within NY. Charities of a similar size with the same main cause include Elm Manor Homes ($396k), Christian Service Council of Grant County ($397k) and Chesterfield County Council on Aging ($396k).

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. Compensation of current officers, directors and key employees was $133k (51% of expenses). Other salaries and wages came to $51k. At year end it held assets of $679k against liabilities of $2,519, net assets of $676k. It reported 2 employees.