Reeves-Reed Arboretum

Analysis

Reeves-Reed Arboretum is a registered charity in United States, based in Summit, NJ. It received its IRS tax-exemption ruling in April 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Reeves-Reed Arboretum reported income of $1.2m and spending of $1.3m, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $1.2m (+14%), an average of +3.4% a year. The sharpest change came in the year to December 2021, when income rose by 154%. Over the whole period it spent 77% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Reeves-Reed Arboretum sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 84th percentile within NJ. Charities of a similar size with the same main cause include Malama Maunalua ($1.2m), Sharon Land Trust Inc ($1.2m) and Wilderness Center Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $120k (9.2% of expenses). Other salaries and wages came to $568k. At year end it held assets of $4.3m against liabilities of $51k, net assets of $4.2m. It reported 19 employees.