Washington Square Park Conservancy Inc
Public records show a registered, tax-exempt organization in good standing.
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 35Spendable reserves would cover 14.4 months of spending.
Debt
20 of 20It owes 10% of what it owns.
Living within its means
0 of 15Spending exceeded income by 87% of income.
Income trend
5 of 15Income fell 19% on the year before.
Spending floor
15 of 1575% 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 2520 of 22 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports 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)
- $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.
- $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.
- $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.
- $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
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.
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.
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.
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.
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.
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.