Botanical Garden Society of Northwest Michigan Inc

Analysis

Botanical Garden Society of Northwest Michigan Inc is a registered charity in United States, based in Traverse City, MI. It received its IRS tax-exemption ruling in October 2001, 25 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Botanical Garden Society of Northwest Michigan Inc reported income of $524k and spending of $430k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $319k to $524k (+64%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 236%. Over the whole period it spent 47% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Botanical Garden Society of Northwest Michigan Inc sits at the 68th percentile: it is larger than about 68% 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 Flathead Lakers Inc ($523k), Sawyer County Snowmobile Alliance Inc ($524k) and Lake Champlain Land Trust Inc ($523k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 5.0% of the total. Compensation of current officers, directors and key employees was $129k (30% of expenses). At year end it held assets of $2.3m against liabilities of $29k, net assets of $2.3m. It reported 1 employees.