Southwest Michigan Land Conservancy Inc
Analysis
Southwest Michigan Land Conservancy Inc is a registered charity in United States, based in Galesburg, MI. It received its IRS tax-exemption ruling in April 1992, 34 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 September 2023, Southwest Michigan Land Conservancy Inc reported income of $1.6m and spending of $1.3m, leaving 22% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income fell from $2.1m to $1.6m (-21%), an average of -5.9% a year. The sharpest change came in the year to September 2022, when income rose by 81%. Over the whole period it spent 46% of the income it received.
Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Southwest Michigan Land Conservancy Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within MI. Charities of a similar size with the same main cause include Airport Foundation MSP ($1.6m), Wisconsin Conservation Voices Inc ($1.6m) and Legacy Land Conservancy ($1.6m).
On its Form 990 for the period ending September 2023, revenue came from contributions and grants 85% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $68k (5.4% of expenses). Other salaries and wages came to $378k. At year end it held assets of $33.5m against liabilities of $47k, net assets of $33.4m. It reported 13 employees.
Income and spending
Where the income comes from
- Contributions & grants 85%
- Program services 0.0%
- Other 15%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Airport Foundation MSP | Saint Paul | $1.6m |
| Wisconsin Conservation Voices Inc | Madison | $1.6m |
| Legacy Land Conservancy | Ann Arbor | $1.6m |
| Greentown Org Inc | Somerville | $1.6m |