Fairmount Park Conservancy

Analysis

Fairmount Park Conservancy is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in December 1992, 34 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, Fairmount Park Conservancy reported income of $26.1m and spending of $27.4m, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.0m to $26.1m (+554%), an average of +60% a year. The sharpest change came in the year to December 2023, when income rose by 252%. Over the whole period it spent 108% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Fairmount Park Conservancy sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within PA. Charities of a similar size with the same main cause include Natural Lands Trust Incorporated ($25.5m), Nia Tero Foundation ($26.2m) and American Prairie Foundation ($25.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 4.8% of the total. Compensation of current officers, directors and key employees was $378k (1.4% of expenses). Other salaries and wages came to $2.4m. It paid $543k in professional fundraising fees. At year end it held assets of $22.1m against liabilities of $12.7m, net assets of $9.3m. It reported 40 employees.