Northern Bedrock Conservation Corps

Analysis

Northern Bedrock Conservation Corps is a registered charity in United States, based in Duluth, MN. It received its IRS tax-exemption ruling in November 2011, 15 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Northern Bedrock Conservation Corps reported income of $543k and spending of $676k, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $807k to $543k (-33%), an average of -9.4% a year. The sharpest change came in the year to December 2021, when income rose by 37%. Over the whole period it spent 95% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Northern Bedrock Conservation Corps sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within MN. Charities of a similar size with the same main cause include Mississippi Hills Heritage Area Alliance Inc ($543k), Oloc Inc ($543k) and Institute for Creative Community Initiatives ($543k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $76k (11% of expenses). Other salaries and wages came to $160k. At year end it held assets of $689k against liabilities of $325k, net assets of $363k. It reported 18 employees.