Lynnhaven River Now

Analysis

Lynnhaven River Now is a registered charity in United States, based in Virginia BCH, VA. It received its IRS tax-exemption ruling in April 2003, 23 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 June 2023, Lynnhaven River Now reported income of $1.1m and spending of $1.1m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $678k to $1.1m (+60%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 67%. Over the whole period it spent 101% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Lynnhaven River Now sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within VA. Charities of a similar size with the same main cause include Land Trust of Darien Inc ($1.1m), Alaska Forum Inc ($1.1m) and Association of State Wetland Managers Inc ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 1.1% of the total. Compensation of current officers, directors and key employees was $118k (11% of expenses). Other salaries and wages came to $342k. At year end it held assets of $103k against liabilities of $54k, net assets of $48k. It reported 14 employees.