Beaver Island Community Center

Analysis

Beaver Island Community Center is a registered charity in United States, based in Beaver Island, MI. It received its IRS tax-exemption ruling in March 1995, 31 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 December 2023, Beaver Island Community Center reported income of $514k and spending of $418k, spending 81% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $159k to $514k (+223%), an average of +26% a year. The sharpest change came in the year to December 2019, when income rose by 82%. Over the whole period it spent 98% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Beaver Island Community Center 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 71st percentile, and in the 71st percentile within MI. Charities of a similar size with the same main cause include Environmental Justice Community Action Network ($514k), Utah Physicians for a Healthy Environment ($514k) and Wild Virginia Incorporated ($513k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 9.6% of the total. Compensation of current officers, directors and key employees was $24k (5.7% of expenses). Other salaries and wages came to $122k. It paid $7,500 in professional fundraising fees. At year end it held assets of $3.2m against liabilities of $34k, net assets of $3.2m. It reported 10 employees.