North Carolina Arboretum Society

Analysis

North Carolina Arboretum Society is a registered charity in United States, based in Asheville, NC. It received its IRS tax-exemption ruling in November 1991, 35 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 June 2023, North Carolina Arboretum Society reported income of $5.9m and spending of $5.6m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.9m to $5.9m (+52%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 51%. Over the whole period it spent 96% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, North Carolina Arboretum Society sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within NC. Charities of a similar size with the same main cause include Center for Resource Solutions ($5.9m), Open Space Institute Inc ($5.9m) and Bexar Land Trust Inc ($5.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 55% and program service revenue 31% of the total. At year end it held assets of $4.4m against liabilities of $565k, net assets of $3.8m.