Cec Stuyvesant Cove Inc

Analysis

Cec Stuyvesant Cove Inc is a registered charity in United States, based in Long Island City, NY. It received its IRS tax-exemption ruling in June 2004, 22 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 December 2023, Cec Stuyvesant Cove Inc reported income of $5.6m and spending of $6.9m, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.6m to $5.6m (+22%), an average of +5.0% a year. The sharpest change came in the year to December 2021, when income rose by 63%. Over the whole period it spent 93% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Cec Stuyvesant Cove Inc sits at the 95th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 90th percentile within NY. Charities of a similar size with the same main cause include Friends of the Detroit River ($5.6m), Aspen Center for Environmental Studies ($5.6m) and North Florida Land Trust Inc ($5.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $586k (8.5% of expenses). Other salaries and wages came to $3.7m. It paid $85k in professional fundraising fees. At year end it held assets of $7.8m against liabilities of $3.2m, net assets of $4.6m. It reported 58 employees.