Salt Ponds Coalition Inc

Analysis

Salt Ponds Coalition Inc is a registered charity in United States, based in Charlestown, RI. It received its IRS tax-exemption ruling in March 1994, 32 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, Salt Ponds Coalition Inc reported income of $148k and spending of $157k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $181k to $148k (-18%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 18%. 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, Salt Ponds Coalition Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 43rd percentile within RI. Charities of a similar size with the same main cause include Biowell Inc ($148k), Ohara Commons and Sustainability Center Inc ($148k) and Izaak Walton League of America Inc ($148k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 82% of the total. At year end it held assets of $311k against liabilities of $0, net assets of $311k.