Lincoln Park Conservancy Inc

Analysis

Lincoln Park Conservancy Inc is a registered charity in United States, based in New Rochelle, NY. It received its IRS tax-exemption ruling in January 2020, 6 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Lincoln Park Conservancy Inc reported income of $950k and spending of $319k, leaving 66% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $112k to $950k (+747%), an average of +747% a year. The sharpest change came in the year to December 2023, when income rose by 747%. Over the whole period it spent 41% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Lincoln Park Conservancy Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 75th percentile within NY. Charities of a similar size with the same main cause include Friends of the Brattleboro Music Center Inc ($950k), Fund for Santa Maddalena Inc ($950k) and Schenectady County Historical ($950k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $35k (11% of expenses). At year end it held assets of $642k against liabilities of $478, net assets of $641k. It reported 1 employees.