Shorerivers Inc
Analysis
Shorerivers Inc is a registered charity in United States, based in Easton, MD. It received its IRS tax-exemption ruling in December 2008, 18 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, Shorerivers Inc reported income of $4.6m and spending of $4.0m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.5m to $4.6m (+0.1%), an average of +0.0% a year. Over the whole period it spent 92% of the income it received.
Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Shorerivers Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within MD. Charities of a similar size with the same main cause include Carbonplan ($4.5m), Union Sportsmens Alliance ($4.6m) and Sitka Sound Science Center ($4.5m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 8.9% of the total. Compensation of current officers, directors and key employees was $286k (7.2% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $3.6m against liabilities of $119k, net assets of $3.5m. It reported 32 employees.
Income and spending
Where the income comes from
- Contributions & grants 90%
- Program services 8.9%
- Other 1.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Carbonplan | San Francisco | $4.5m |
| Union Sportsmens Alliance | Spring Hill | $4.6m |
| Sitka Sound Science Center | Sitka | $4.5m |
| Renewable Energy Wildlife Institute | Washington | $4.6m |