Grandfather Mountain Stewardship Foundation Inc

Analysis

Grandfather Mountain Stewardship Foundation Inc is a registered charity in United States, based in Linville, NC. It received its IRS tax-exemption ruling in September 2009, 17 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 2022, Grandfather Mountain Stewardship Foundation Inc reported income of $8.8m and spending of $7.3m, spending 83% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $9.5m to $8.8m (-7.2%), an average of -2.5% a year. The sharpest change came in the year to December 2021, when income rose by 44%. Over the whole period it spent 62% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Grandfather Mountain Stewardship Foundation Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within NC. Charities of a similar size with the same main cause include Institute for Market Transformation Inc ($8.8m), Canopy Planet Foundation ($8.9m) and National Center for Appropriate Technology Inc ($8.8m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 6.4% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $283k (3.9% of expenses). Other salaries and wages came to $2.8m. It paid $78k in professional fundraising fees. At year end it held assets of $32.7m against liabilities of $824k, net assets of $31.8m. It reported 130 employees.