Severn River Association Inc

Analysis

Severn River Association Inc is a registered charity in United States, based in Annapolis, MD. It received its IRS tax-exemption ruling in May 2000, 26 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, Severn River Association Inc reported income of $775k and spending of $515k, leaving 34% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $336k to $775k (+131%), an average of +52% a year. The sharpest change came in the year to December 2022, when income rose by 137%. Over the whole period it spent 56% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Severn River Association Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within MD. Charities of a similar size with the same main cause include Understory Initiative ($775k), Clean Tahoe Program ($776k) and Prairie Hills Resource Conservation and Development Inc ($774k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 1.3% of the total. Compensation of current officers, directors and key employees was $137k (27% of expenses). Other salaries and wages came to $128k. At year end it held assets of $987k against liabilities of $9,867, net assets of $977k. It reported 5 employees.