Alliance to Protect Nantucket Sound Inc

Analysis

Alliance to Protect Nantucket Sound Inc is a registered charity in United States, based in Hyannis, MA. It received its IRS tax-exemption ruling in August 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, Alliance to Protect Nantucket Sound Inc reported income of $995k and spending of $1.0m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.3m to $995k (-21%), an average of -5.8% a year. The sharpest change came in the year to December 2021, when income dropped by 28%. Over the whole period it spent 86% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Alliance to Protect Nantucket Sound Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within MA. Charities of a similar size with the same main cause include Farm & Natural Land Trust of York County ($994k), Colores United ($995k) and Corporacion Juvenil Para El Desarrollo de Comunidades Sostenib ($993k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $256k (25% of expenses). Other salaries and wages came to $248k. At year end it held assets of $1.7m against liabilities of $493k, net assets of $1.2m. It reported 5 employees.