Little Traverse Conservancy Inc

Analysis

Little Traverse Conservancy Inc is a registered charity in United States, based in Harbor SPGS, MI. It received its IRS tax-exemption ruling in May 1974, 52 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, Little Traverse Conservancy Inc reported income of $12.6m and spending of $2.6m, leaving 79% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.0m to $12.6m (+80%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 43%. Over the whole period it spent 22% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Little Traverse Conservancy Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within MI. Charities of a similar size with the same main cause include Council on Library and Information Resources ($12.6m), Japanese Garden Society of Oregon ($12.7m) and Hiipaka LLC ($12.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $208k (8.0% of expenses). Other salaries and wages came to $929k. At year end it held assets of $147.5m against liabilities of $363k, net assets of $147.1m. It reported 23 employees.