Canaan Valley Institute Inc

Analysis

Canaan Valley Institute Inc is a registered charity in United States, based in Davis, WV. It received its IRS tax-exemption ruling in August 1996, 30 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 September 2023, Canaan Valley Institute Inc reported income of $2.0m and spending of $2.0m, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $2.4m to $2.0m (-14%), an average of -3.7% a year. The sharpest change came in the year to September 2020, when income dropped by 33%. Over the whole period it spent 100% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Canaan Valley Institute Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within WV. Charities of a similar size with the same main cause include Animas-La Plata Operation Maintenance and Replacement Associ ($2.0m), Laguna Canyon Foundation ($2.0m) and Scenic America ($2.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 97% and program service revenue 2.4% of the total. Compensation of current officers, directors and key employees was $76k (3.8% of expenses). Other salaries and wages came to $313k. At year end it held assets of $703k against liabilities of $505k, net assets of $198k. It reported 12 employees.