Prospect Park South Charitable Trust

Analysis

Prospect Park South Charitable Trust is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in May 2014, 12 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 February 2023, Prospect Park South Charitable Trust reported income of $99k and spending of $110k, spending 112% of what it took in. Across the 2 years on record, from February 2022 to February 2023, income grew from $98k to $99k (+0.8%), an average of +0.8% a year. Over the whole period it spent 109% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Prospect Park South Charitable Trust sits at the 35th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 36th percentile within NY. Charities of a similar size with the same main cause include Damascus Citizens for Sustainability ($99k), Fearless Fund ($99k) and Environmental Transformation Movement of Flint ($98k).

On its Form 990-EZ for the period ending February 2023, revenue came from contributions and grants 18% of the total. At year end it held assets of $82k against liabilities of $5,384, net assets of $77k.