Block Island Conservancy Inc

Analysis

Block Island Conservancy Inc is a registered charity in United States, based in Block Island, RI. It received its IRS tax-exemption ruling in June 1973, 53 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, Block Island Conservancy Inc reported income of $210k and spending of $148k, leaving 30% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $233k to $210k (-9.9%), an average of -2.6% a year. The sharpest change came in the year to June 2021, when income rose by 228%. Over the whole period it spent 53% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Block Island Conservancy Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 51st percentile within RI. Charities of a similar size with the same main cause include Friends of Stark Parks ($210k), Kids Saving the Rainforest Inc ($210k) and Virginia Association of Soil and Water Conservation Districts Educa ($210k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 69% of the total. Other salaries and wages came to $61k. At year end it held assets of $14.2m against liabilities of $1,322, net assets of $14.2m. It reported 2 employees.