Steep Rock Association Inc

Analysis

Steep Rock Association Inc is a registered charity in United States, based in Washington DT, CT. It received its IRS tax-exemption ruling in March 1943, 83 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Steep Rock Association Inc reported income of $4.2m and spending of $991k, leaving 76% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $3.3m to $4.2m (+26%), an average of +5.9% a year. The sharpest change came in the year to September 2021, when income rose by 174%. Over the whole period it spent 28% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Steep Rock Association Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 89th percentile within CT. Charities of a similar size with the same main cause include Climate Conservation ($4.2m), Clean Grid Alliance ($4.2m) and Foundations of Success Inc ($4.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 102% and program service revenue 0.2% of the total. Other salaries and wages came to $422k. At year end it held assets of $26.0m against liabilities of $78k, net assets of $25.9m. It reported 13 employees.