Commonweal Conservancy Inc

Analysis

Commonweal Conservancy Inc is a registered charity in United States, based in Santa Fe, NM. It received its IRS tax-exemption ruling in July 2004, 22 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Commonweal Conservancy Inc reported income of $155k and spending of $312k, spending 202% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $909k to $155k (-83%), an average of -36% a year. The sharpest change came in the year to June 2021, when income rose by 92%. Over the whole period it spent 190% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Commonweal Conservancy Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 44th percentile within NM. Charities of a similar size with the same main cause include Venture Development 2002 Inc ($155k), Oath Recovery Inc ($155k) and Seicca Housing 1 Inc ($154k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% of the total. Other salaries and wages came to $98k. At year end it held assets of $3.7m against liabilities of $5.1m, net assets of -$1.4m. It reported 3 employees.