Empire Discovery Institute Inc

Analysis

Empire Discovery Institute Inc is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in June 2018, 8 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, Empire Discovery Institute Inc reported income of $235k and spending of $5.4m, spending 2310% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.0m to $235k (-88%), an average of -42% a year. The sharpest change came in the year to December 2022, when income rose by 19792%. Over the whole period it spent 91% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Empire Discovery Institute Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within NY. Charities of a similar size with the same main cause include Friends of the North Fork of the Shenandoah River Inc ($235k), Eco Agents Inc ($235k) and Netcorps ($235k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 21% of the total. Other salaries and wages came to $750k. At year end it held assets of $4.2m against liabilities of $1.1m, net assets of $3.1m.