Biodiversity

Analysis

Biodiversity is a registered charity in United States, based in Portland, ME. It received its IRS tax-exemption ruling in April 1999, 27 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 April 2024, Biodiversity reported income of $8.2m and spending of $7.8m, spending 95% of its income. Across the 5 years on record, from April 2020 to April 2024, income grew from $3.5m to $8.2m (+135%), an average of +24% a year. The sharpest change came in the year to April 2022, when income rose by 73%. Over the whole period it spent 95% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Biodiversity sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within ME. Charities of a similar size with the same main cause include Mystic River Watershed Association Inc ($8.2m), Goodpower Education Fund Inc ($8.2m) and Organic Materials Review Institute ($8.2m).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 4.4% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $329k (4.2% of expenses). Other salaries and wages came to $3.8m. At year end it held assets of $5.0m against liabilities of $3.3m, net assets of $1.7m. It reported 73 employees.