Nantucket Land and Water Council Inc

Analysis

Nantucket Land and Water Council Inc is a registered charity in United States, based in Nantucket, MA. It received its IRS tax-exemption ruling in March 1976, 50 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, Nantucket Land and Water Council Inc reported income of $1.6m and spending of $1.3m, spending 82% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $783k to $1.6m (+102%), an average of +15% a year. The sharpest change came in the year to December 2019, when income rose by 89%. Over the whole period it spent 71% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Nantucket Land and Water Council Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within MA. Charities of a similar size with the same main cause include Orion Society ($1.6m), Potomac Riverkeeper Inc ($1.6m) and Catawba Riverkeeper Foundation Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% of the total. Compensation of current officers, directors and key employees was $177k (14% of expenses). Other salaries and wages came to $278k. At year end it held assets of $40.3m against liabilities of $34k, net assets of $40.3m. It reported 8 employees.