Prudence Conservancy

Analysis

Prudence Conservancy is a registered charity in United States, based in Prudence Isl, RI. 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 December 2023, Prudence Conservancy reported income of $245k and spending of $220k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $89k to $245k (+176%), an average of +29% a year. The sharpest change came in the year to December 2023, when income rose by 440%. Over the whole period it spent 83% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Prudence Conservancy sits at the 55th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 54th percentile within RI. Charities of a similar size with the same main cause include Rim to Rim Restoration ($245k), Solid Waste Association of North America Inc ($246k) and Back Country Horsemen of America ($245k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 4.9% of the total. At year end it held assets of $5.6m against liabilities of $53k, net assets of $5.6m.