Grand Traverse Regional Land Conservancy
Analysis
Grand Traverse Regional Land Conservancy is a registered charity in United States, based in Traverse City, MI. It received its IRS tax-exemption ruling in August 1991, 35 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 June 2024, Grand Traverse Regional Land Conservancy reported income of $14.5m and spending of $8.2m, leaving 44% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $10.5m to $14.5m (+38%), an average of +8.4% a year. The sharpest change came in the year to June 2021, when income rose by 63%. Over the whole period it spent 52% of the income it received.
Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Grand Traverse Regional Land Conservancy sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within MI. Charities of a similar size with the same main cause include Surfrider Foundation ($14.3m), Wetlands America Trust Inc ($14.6m) and Grand Canyon Conservancy ($14.2m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 90% of the total. Compensation of current officers, directors and key employees was $264k (3.2% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $103.2m against liabilities of $9.4m, net assets of $93.8m. It reported 41 employees.
Income and spending
Where the income comes from
- Contributions & grants 90%
- Other 9.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Surfrider Foundation | San Clemente | $14.3m |
| Wetlands America Trust Inc | Memphis | $14.6m |
| Grand Canyon Conservancy | Grand Canyon | $14.2m |
| Western Conservation Foundation | Denver | $15.0m |