Slipstream Group Inc

Analysis

Slipstream Group Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in July 1980, 46 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, Slipstream Group Inc reported income of $45.8m and spending of $47.2m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $48.4m to $45.8m (-5.2%), an average of -1.3% a year. The sharpest change came in the year to December 2022, when income dropped by 20%. Over the whole period it spent 100% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Slipstream Group Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within WI. Charities of a similar size with the same main cause include Morton Arboretum ($45.1m), Denver Botanic Garden Inc ($46.0m) and Sustainable Energy Utility Inc ($45.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.7% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $514k (1.1% of expenses). Other salaries and wages came to $11.1m. At year end it held assets of $42.2m against liabilities of $28.2m, net assets of $13.9m. It reported 180 employees.