Daniel Jonathan Stowe Conservancy

Analysis

Daniel Jonathan Stowe Conservancy is a registered charity in United States, based in Belmont, NC. It received its IRS tax-exemption ruling in June 2020, 6 years ago. 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 March 2023, Daniel Jonathan Stowe Conservancy reported income of $3.4m and spending of $4.4m, spending 128% of what it took in. Across the 5 years on record, from March 2019 to March 2023, income grew from $2.6m to $3.4m (+30%), an average of +6.9% a year. The sharpest change came in the year to March 2020, when income rose by 53%. Over the whole period it spent 141% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Daniel Jonathan Stowe Conservancy sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within NC. Charities of a similar size with the same main cause include Sustainable Food Center Inc ($3.4m), Youth for Christ Foundation ($3.4m) and Tri County Educational Foundation Tri-County Academy ($3.4m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 50% and program service revenue 43% of the total. Compensation of current officers, directors and key employees was $38k (0.9% of expenses). Other salaries and wages came to $918k. At year end it held assets of $9.9m against liabilities of $1.1m, net assets of $8.9m. It reported 51 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.