Lewis Ginter Botanical Garden Inc
Analysis
Lewis Ginter Botanical Garden Inc is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in December 1984, 42 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 March 2023, Lewis Ginter Botanical Garden Inc reported income of $13.7m and spending of $8.9m, leaving 35% of income unspent that year. Across the 5 years on record, from March 2019 to March 2023, income grew from $7.1m to $13.7m (+93%), an average of +18% a year. The sharpest change came in the year to March 2020, when income rose by 49%. Over the whole period it spent 78% of the income it received.
Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Lewis Ginter Botanical Garden 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 96th percentile within VA. Charities of a similar size with the same main cause include Stand ($13.6m), Resources for the Future Inc ($13.7m) and The Trust for Tomorrow ($13.5m).
On its Form 990 for the period ending March 2023, revenue came from contributions and grants 62% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $216k (2.4% of expenses). Other salaries and wages came to $3.7m. At year end it held assets of $36.8m against liabilities of $1.8m, net assets of $35.0m. It reported 185 employees.
Income and spending
Where the income comes from
- Contributions & grants 62%
- Program services 26%
- Other 12%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Stand | San Francisco | $13.6m |
| Resources for the Future Inc | Washington | $13.7m |
| The Trust for Tomorrow | Twin Bridges | $13.5m |
| Queens Botanical Garden Society Inc | Flushing | $13.7m |