Fencing in the Park Inc

Analysis

Fencing in the Park Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in October 2021, 5 years ago. 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, Fencing in the Park Inc reported income of $686k and spending of $362k, leaving 47% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $428k to $686k (+60%), an average of +60% a year. The sharpest change came in the year to December 2023, when income rose by 60%. Over the whole period it spent 50% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fencing in the Park Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 71st percentile within NY. Charities of a similar size with the same main cause include Alaska Center for the Blind and Visually Impaired ($685k), Light House Manor Inc ($686k) and The Walthour-Moss Foundation ($685k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 41% of the total. Other salaries and wages came to $42k. At year end it held assets of $727k against liabilities of $30k, net assets of $698k. It reported 2 employees.