Emerald Necklace Conservancy Inc

Analysis

Emerald Necklace Conservancy Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in March 1999, 27 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 September 2023, Emerald Necklace Conservancy Inc reported income of $5.4m and spending of $2.6m, leaving 52% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.7m to $5.4m (+99%), an average of +19% a year. The sharpest change came in the year to September 2023, when income rose by 58%. Over the whole period it spent 72% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Emerald Necklace Conservancy Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within MA. Charities of a similar size with the same main cause include North Carolina High School Athletic ($5.4m), Heartland Soccer Association Inc ($5.4m) and West Oxford Agricultural Society ($5.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $201k (7.8% of expenses). Other salaries and wages came to $953k. At year end it held assets of $9.9m against liabilities of $171k, net assets of $9.8m. It reported 25 employees.