Biodiversityworks Inc

Analysis

Biodiversityworks Inc is a registered charity in United States, based in Vineyard Haven, MA. It received its IRS tax-exemption ruling in October 2011, 15 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, Biodiversityworks Inc reported income of $722k and spending of $561k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $638k to $722k (+13%), an average of +3.2% a year. The sharpest change came in the year to December 2022, when income rose by 90%. Over the whole period it spent 67% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Biodiversityworks Inc sits at the 73rd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within MA. Charities of a similar size with the same main cause include Sibley Environmental Learning Center Foundation Inc ($722k), Gallmann Africa Conservancy Inc ($722k) and Groundwork Milwaukee Inc ($722k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 6.3% of the total. Compensation of current officers, directors and key employees was $142k (25% of expenses). Other salaries and wages came to $218k. At year end it held assets of $1.1m against liabilities of $32k, net assets of $1.1m. It reported 14 employees.