Gunpowder Valley Conservancy Inc
Analysis
Gunpowder Valley Conservancy Inc is a registered charity in United States, based in Towson, MD. It received its IRS tax-exemption ruling in September 1990, 36 years ago. 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, Gunpowder Valley Conservancy Inc reported income of $810k and spending of $817k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $671k to $810k (+21%), an average of +4.8% a year. The sharpest change came in the year to December 2021, when income rose by 69%. Over the whole period it spent 94% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Gunpowder Valley Conservancy Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within MD. Charities of a similar size with the same main cause include Clearwater Day Activity Center Inc ($810k), Otsego Rural Housing Assistance Inc ($810k) and St Mark Manor Inc ($809k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 2.9% of the total. Compensation of current officers, directors and key employees was $94k (11% of expenses). Other salaries and wages came to $257k. At year end it held assets of $586k against liabilities of $37k, net assets of $548k. It reported 10 employees.
Income and spending
Where the income comes from
- Contributions & grants 97%
- Program services 2.9%
- Other 0.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Clearwater Day Activity Center Inc | Bagley | $810k |
| Otsego Rural Housing Assistance Inc | Milford | $810k |
| St Mark Manor Inc | Cordova | $809k |
| Boys and Girls Club of Northeast Arkansas Inc | West Memphis | $810k |