Seven Ponds Endowment Fund

Analysis

Seven Ponds Endowment Fund is a registered charity in United States, based in Dryden, MI. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Seven Ponds Endowment Fund reported income of $95k and spending of $154k, spending 162% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $354k to $95k (-73%), an average of -36% a year. The sharpest change came in the year to December 2022, when income rose by 115%. Over the whole period it spent 86% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Seven Ponds Endowment Fund sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 35th percentile within MI. Charities of a similar size with the same main cause include Short Mt Sanctuary ($95k), Colorado Wastewater Utility Council ($95k) and Kokosing Gap Trail Inc ($95k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% of the total. At year end it held assets of $2.5m against liabilities of $0, net assets of $2.5m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.