The Sands Point Preserve Conservancy

Analysis

The Sands Point Preserve Conservancy is a registered charity in United States, based in Sands Point, NY. It received its IRS tax-exemption ruling in April 2004, 22 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, The Sands Point Preserve Conservancy reported income of $2.0m and spending of $2.0m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.1m to $2.0m (-3.8%), an average of -1.0% a year. The sharpest change came in the year to December 2021, when income rose by 29%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Sands Point Preserve Conservancy sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 83rd percentile within NY. Charities of a similar size with the same main cause include Jay Heritage Center ($2.0m), Low Impact Development Center Inc ($2.0m) and Fantasy Theatre Factory Inc ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $179k (9.1% of expenses). Other salaries and wages came to $933k. At year end it held assets of $3.3m against liabilities of $303k, net assets of $3.0m. It reported 38 employees.