Waveny Park Conservancy Inc

Analysis

Waveny Park Conservancy Inc is a registered charity in United States, based in New Canaan, CT. It received its IRS tax-exemption ruling in August 2015, 11 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, Waveny Park Conservancy Inc reported income of $360k and spending of $493k, spending 137% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $519k to $360k (-31%), an average of -8.8% a year. The sharpest change came in the year to December 2020, when income dropped by 54%. Over the whole period it spent 94% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Waveny Park Conservancy Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 62nd percentile within CT. Charities of a similar size with the same main cause include Lake County Land Trust Organization ($360k), Deep Roots KC Inc ($360k) and Coastal Expeditions Foundation ($359k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $54k (11% of expenses). At year end it held assets of $574k against liabilities of $0, net assets of $574k. It reported 2 employees.