Frenchman Bay Conservancy

Analysis

Frenchman Bay Conservancy is a registered charity in United States, based in Hancock, ME. It received its IRS tax-exemption ruling in May 1988, 38 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 June 2023, Frenchman Bay Conservancy reported income of $7.8m and spending of $2.7m, leaving 65% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $969k to $7.8m (+701%), an average of +68% a year. The sharpest change came in the year to June 2023, when income rose by 322%. Over the whole period it spent 46% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Frenchman Bay Conservancy sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within ME. Charities of a similar size with the same main cause include New York Restoration Project ($7.7m), Nova Scotia Nature Trust ($7.8m) and The Mountaineers ($7.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $93k (3.4% of expenses). Other salaries and wages came to $314k. At year end it held assets of $11.4m against liabilities of $63k, net assets of $11.3m. It reported 8 employees.