Lower Phalen Creek Project

Analysis

Lower Phalen Creek Project is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in June 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 (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, Lower Phalen Creek Project reported income of $2.3m and spending of $1.2m, leaving 46% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $2.3m (+112%), an average of +21% a year. The sharpest change came in the year to December 2021, when income rose by 465%. Over the whole period it spent 31% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Lower Phalen Creek Project sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within MN. Charities of a similar size with the same main cause include Center for Creative Land Recycling ($2.3m), TFT ($2.3m) and Foundation for Pennsylvaniawatersheds ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $123k (9.9% of expenses). Other salaries and wages came to $415k. At year end it held assets of $8.6m against liabilities of $261k, net assets of $8.3m. It reported 11 employees.