Ocracoke Preservation Society Inc

Analysis

Ocracoke Preservation Society Inc is a registered charity in United States, based in Ocracoke, NC. It received its IRS tax-exemption ruling in July 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 December 2023, Ocracoke Preservation Society Inc reported income of $391k and spending of $221k, leaving 44% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $205k to $391k (+91%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 310%. Over the whole period it spent 63% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Ocracoke Preservation Society Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within NC. Charities of a similar size with the same main cause include National Association of State Trust Lands ($391k), Colebrook Land Conservancy Inc ($391k) and Climate Action KC Inc ($391k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. Other salaries and wages came to $51k. At year end it held assets of $1.4m against liabilities of $534k, net assets of $826k. It reported 4 employees.