Low Impact Development Center Inc

Analysis

Low Impact Development Center Inc is a registered charity in United States, based in Beltsville, MD. It received its IRS tax-exemption ruling in April 1999, 27 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Low Impact Development Center Inc reported income of $2.0m and spending of $2.0m, spending 96% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.4m to $2.0m (+48%), an average of +10% a year. The sharpest change came in the year to September 2023, when income rose by 57%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Low Impact Development Center Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within MD. Charities of a similar size with the same main cause include The Sands Point Preserve Conservancy ($2.0m), Worcester Area Business Education Foundation Inc ($2.0m) and Jay Heritage Center ($2.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 8.7% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $784k (40% of expenses). Other salaries and wages came to $464k. At year end it held assets of $1.1m against liabilities of $507k, net assets of $574k. It reported 12 employees.