Newport Tree Conservancy

Analysis

Newport Tree Conservancy is a registered charity in United States, based in Newport, RI. It received its IRS tax-exemption ruling in February 2009, 17 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, Newport Tree Conservancy reported income of $562k and spending of $511k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $343k to $562k (+64%), an average of +13% a year. The sharpest change came in the year to December 2020, when income rose by 69%. Over the whole period it spent 100% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Newport Tree Conservancy sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 68th percentile within RI. Charities of a similar size with the same main cause include Lower Columbia School Gardens ($562k), The Open Space Council for the St Louis Region ($563k) and Downeast Coastal Conservancy ($562k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 5.2% of the total. Other salaries and wages came to $307k. At year end it held assets of $460k against liabilities of $14k, net assets of $447k.