Seventy-Five North Revitalization Corporation

Analysis

Seventy-Five North Revitalization Corporation is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in September 2011, 15 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, Seventy-Five North Revitalization Corporation reported income of $9.7m and spending of $6.4m, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.6m to $9.7m (+111%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 288%. Over the whole period it spent 47% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Seventy-Five North Revitalization Corporation 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 95th percentile within NE. Charities of a similar size with the same main cause include Climate Justice Alliance ($9.6m), Eco-Cycle Inc ($9.7m) and Huntsville Madison County Botanical Garden Society Inc ($9.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 248% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $217k (3.4% of expenses). Other salaries and wages came to $358k. At year end it held assets of $49.3m against liabilities of $2.5m, net assets of $46.8m. It reported 8 employees.