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Passes our checks

Washington Square Park Conservancy Inc

EIN 46-1406128 · New York, NY

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood75 out of 100GovernanceStrong95 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

WSPC PROVIDES FUNDS TO NYC PARKS DEPARTMENT TO SUPPORT STAFFING AND SUPPLIES FOR WASHINGTON SQUARE PARK.

Income
$978,504
Spending
$1.8 million
Spent on programs
75%
Reserves
14.4 months of spending
Largest source of income
donations and private grants, 95%
Employees
10
Volunteers
690
Highest pay
$125,212, deputy director

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 75 out of 100. Higher than 43% of charities in its peer group (recreation and sports, $250k to $1m).

  • Reserves

    35 of 35

    Spendable reserves would cover 14.4 months of spending.

  • Debt

    20 of 20

    It owes 10% of what it owns.

  • Living within its means

    0 of 15

    Spending exceeded income by 87% of income.

  • Income trend

    5 of 15

    Income fell 19% on the year before.

  • Spending floor

    15 of 15

    75% of spending went to programs and raising each dollar of donations cost 24 cents.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 95 out of 100. Higher than 97% of charities in its peer group (recreation and sports, $250k to $1m).

  • Independent board

    25 of 25

    20 of 22 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    0 of 5

    Reports no independent review process for its chief executive's pay.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (4)
  1. $169,627 spent. LANDSCAPES EXPENDITURES-FOR ONE FULLTIME AND ONE SEASONAL-GARDENER, AS WELL AS HORTICULTURAL SUPPLIES AND SUPPORT, SUCH AS PLANT MATERIAL, FENCING, RODENT MANAGEMENT AND TOOLS.
  2. $453,509 spent. PARK MAINTENANCE EXPENDITURES-FOR SEASONAL AND FULLTIME-MAINTENANCE WORKERS, ALL OF WHOM ARE NYC PARK DEPARTMENT EMPLOYEES, AS WELL AS MAINTENANCE SUPPLIES SUCH AS TOOLS, GLOVES AND CLEANING SUPPLIES.
  3. $179,180 spent. COMMUNITY - WSPC SUPPORTED VARIOUS PUBLIC EVENTS THROUGHOUT THE YEAR INCLUDING ARTS GRANTS, PUBLIC PROGRAMS AND A FULL-TIME PLAYGROUND ASSOCIATE, A NYC PARKS DEPARTMENT EMPLOYEE. WSPC SUPPORTS REGULAR PUBLIC PROGRAMS AND OPPORTUNITIES FOR VOLUNTEERS TO SERVE THE PARK, INCLUDING GREETER/GUIDE, HORTICULTURE AND PHOTOGRAPHY PROGRAMS. 690 VOLUNTEERS SERVED 1,183 HOURS AT THE PARK DURING THE YEAR.
  4. $562,761 spent. PARK SECURITY EXPENDITURES FOR PARKS ENFORCEMENT PATROL OFFICERS WHO PATROL THE PARK ENFORCING PARK RULES AND REGULATIONS, ASSIST PARK PATRONS WITH CONCERNS OR QUESTIONS, ENGAGE WITH SOCIAL SERVICE PROVIDERS AND THE PARK'S AT-RISK POPULATION, AND CLOSE THE PARK EACH EVENING IN TANDEM WITH THE LOCAL POLICE PRECINCT.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending June 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since August 2013.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.