Alliance for the Chesapeake Bay Inc

Analysis

Alliance for the Chesapeake Bay Inc is a registered charity in United States, based in Annapolis, MD. It received its IRS tax-exemption ruling in April 1978, 48 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, Alliance for the Chesapeake Bay Inc reported income of $13.0m and spending of $12.2m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.8m to $13.0m (+66%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 22%. Over the whole period it spent 95% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Alliance for the Chesapeake Bay Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within MD. Charities of a similar size with the same main cause include Road Home Corporation ($12.9m), Trees for the Future Inc ($13.0m) and National Tropical Botanical Garden ($12.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $564k (4.6% of expenses). Other salaries and wages came to $2.9m. At year end it held assets of $6.5m against liabilities of $3.3m, net assets of $3.2m. It reported 74 employees.