Nantucket Conservation Foundation Inc

Analysis

Nantucket Conservation Foundation Inc is a registered charity in United States, based in Nantucket, MA. It received its IRS tax-exemption ruling in December 1964, 62 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 December 2023, Nantucket Conservation Foundation Inc reported income of $16.2m and spending of $4.3m, leaving 74% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.3m to $16.2m (+203%), an average of +32% a year. The sharpest change came in the year to December 2021, when income rose by 184%. Over the whole period it spent 42% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Nantucket Conservation Foundation Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within MA. Charities of a similar size with the same main cause include Childrens Health Defense ($16.1m), Fairchild Tropical Botanic Garden ($16.4m) and Brookgreen Gardens ($16.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 1.1% of the total. Compensation of current officers, directors and key employees was $230k (5.4% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $165.5m against liabilities of $914k, net assets of $164.6m. It reported 26 employees.