Marblehead Conservancy Inc

Analysis

Marblehead Conservancy Inc is a registered charity in United States, based in Marblehead, MA. It received its IRS tax-exemption ruling in February 2002, 24 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, Marblehead Conservancy Inc reported income of $108k and spending of $48k, leaving 56% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $131k to $108k (-17%), an average of -9.1% a year. The sharpest change came in the year to December 2023, when income rose by 82%. 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, Marblehead Conservancy Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 45th percentile within MA. Charities of a similar size with the same main cause include Keep Cass County Beautiful ($108k), Shasta Trinity Unit of Backcountry Horsemen of California ($108k) and Friends of Magee Marsh Association Inc ($108k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% of the total. Other salaries and wages came to $3,638. At year end it held assets of $510k against liabilities of -$102, net assets of $510k.