Galapagos Conservancy Inc

Analysis

Galapagos Conservancy Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in October 1985, 41 years ago. 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, Galapagos Conservancy Inc reported income of $5.9m and spending of $3.5m, leaving 41% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.3m to $5.9m (+38%), an average of +8.3% a year. The sharpest change came in the year to December 2021, when income rose by 88%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Galapagos Conservancy 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 93rd percentile, and in the 82nd percentile within DC. Charities of a similar size with the same main cause include Heineman-Robicsek Foundation Inc ($5.9m), Arrowmont School of Arts and Crafts ($5.9m) and Data & Society Research Institute ($5.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $139k (4.0% of expenses). Other salaries and wages came to $567k. At year end it held assets of $10.7m against liabilities of $100k, net assets of $10.6m. It reported 13 employees.