Blackacre Conservancy Inc

Analysis

Blackacre Conservancy Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in November 1983, 43 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Blackacre Conservancy Inc reported income of $326k and spending of $363k, spending 111% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $245k to $326k (+34%), an average of +5.9% a year. The sharpest change came in the year to December 2021, when income rose by 61%. Over the whole period it spent 82% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Blackacre Conservancy Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within KY. Charities of a similar size with the same main cause include Montecito Community Foundation ($326k), Doug & Carla Salmon Foundation Inc ($327k) and Passion for Childrens Inc ($326k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $70k (19% of expenses). Other salaries and wages came to $54k. At year end it held assets of $5.3m against liabilities of $13k, net assets of $5.3m. It reported 2 employees.