Catawba Riverkeeper Foundation Inc

Analysis

Catawba Riverkeeper Foundation Inc is a registered charity in United States, based in McAdenville, NC. It received its IRS tax-exemption ruling in June 1998, 28 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 December 2022, Catawba Riverkeeper Foundation Inc reported income of $1.6m and spending of $1.6m, spending 100% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $475k to $1.6m (+232%), an average of +49% a year. The sharpest change came in the year to December 2020, when income rose by 161%. Over the whole period it spent 80% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Catawba Riverkeeper Foundation Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within NC. Charities of a similar size with the same main cause include Muley Fanatic Foundation of Wyoming Inc ($1.6m), Orion Society ($1.6m) and Environmental Learning Centers of Connecticut Inc ($1.6m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 84% and program service revenue 6.0% of the total. Compensation of current officers, directors and key employees was $111k (7.1% of expenses). Other salaries and wages came to $609k. At year end it held assets of $2.5m against liabilities of $1.4m, net assets of $1.1m. It reported 59 employees.