Squirrel Island Preservation Foundation

Analysis

Squirrel Island Preservation Foundation is a registered charity in United States, based in Portland, ME. It received its IRS tax-exemption ruling in March 1988, 38 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Squirrel Island Preservation Foundation reported income of $139k and spending of $54k, leaving 61% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $508k to $139k (-73%), an average of -28% a year. The sharpest change came in the year to December 2021, when income rose by 494%. Over the whole period it spent 40% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Squirrel Island Preservation Foundation sits at the 43rd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 38th percentile within ME. Charities of a similar size with the same main cause include Friends of Green Spring Inc ($139k), Southeast Regional Land Conservancy Inc ($139k) and Midwest Aquatic Plant Management Society Inc ($139k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% of the total. At year end it held assets of $9.0m against liabilities of $0, net assets of $9.0m.