Three Bays Preservation Inc

Analysis

Three Bays Preservation Inc is a registered charity in United States, based in Osterville, MA. It received its IRS tax-exemption ruling in May 1997, 29 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 2022, Three Bays Preservation Inc reported income of $1.1m and spending of $1.7m, spending 151% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $903k to $1.1m (+26%), an average of +7.9% a year. The sharpest change came in the year to December 2021, when income rose by 22%. Over the whole period it spent 106% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Three Bays Preservation Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within MA. Charities of a similar size with the same main cause include Ecologistics Inc ($1.1m), Reforest the Tropics Inc ($1.1m) and International Conservation Fund ($1.1m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 88% and program service revenue 2.0% of the total. Other salaries and wages came to $435k. At year end it held assets of $3.4m against liabilities of $820k, net assets of $2.6m. It reported 17 employees.