Islandwood

Analysis

Islandwood is a registered charity in United States, based in Bainbridge Is, WA. It received its IRS tax-exemption ruling in October 1999, 27 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Islandwood reported income of $9.5m and spending of $10.9m, spending 114% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.6m to $9.5m (+11%), an average of +2.6% a year. The sharpest change came in the year to June 2022, when income rose by 59%. Over the whole period it spent 113% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Islandwood 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 WA. Charities of a similar size with the same main cause include Western Climate Initiative Inc ($9.4m), Huntsville Madison County Botanical Garden Society Inc ($9.5m) and Riverlife ($9.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 37% and program service revenue 39% of the total. Compensation of current officers, directors and key employees was $458k (4.2% of expenses). Other salaries and wages came to $4.5m. At year end it held assets of $49.3m against liabilities of $2.2m, net assets of $47.2m. It reported 182 employees.