Charleston Parks Conservancy

Analysis

Charleston Parks Conservancy is a registered charity in United States, based in Charleston, SC. It received its IRS tax-exemption ruling in May 2007, 19 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, Charleston Parks Conservancy reported income of $1.1m and spending of $2.1m, spending 187% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.5m to $1.1m (-24%), an average of -6.7% a year. The sharpest change came in the year to December 2021, when income rose by 35%. Over the whole period it spent 150% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Charleston Parks Conservancy 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 84th percentile within SC. Charities of a similar size with the same main cause include San Antonio River Foundation ($1.1m), Clean Ocean Action Inc ($1.1m) and Conservation Federation of Missouri ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 109% and program service revenue 2.3% of the total. Compensation of current officers, directors and key employees was $109k (5.3% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $9.0m against liabilities of $638k, net assets of $8.3m. It reported 23 employees.