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Grand Traverse Regional Land Conservancy

RegisteredEIN 38-2994229Traverse City, MIEnvironment and conservation
Income$14.5m2024-06
Spending$8.2msame year
Spent / received52%5-year average
Size in its cause98th pctEnvironment and conservation
Exempt since1991Publicly supported organisat
Employees41latest return

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

$0$4.3m$8.5m$12.8m$17.1m2020 Income: $10,455,4502020 Spending: $4,683,72820202021 Income: $17,084,8012021 Spending: $6,907,31920212022 Income: $14,843,1182022 Spending: $6,219,99220222023 Income: $11,375,3772023 Spending: $9,156,71120232024 Income: $14,463,0282024 Spending: $8,168,0832024
IncomeSpending

Where the income comes from

  • Contributions & grants 90%
  • Other 9.7%

Similar-sized charities, same cause

CharityLocationIncome
Surfrider FoundationSan Clemente$14.3m
Wetlands America Trust IncMemphis$14.6m
Grand Canyon ConservancyGrand Canyon$14.2m
Western Conservation FoundationDenver$15.0m