Carolina Land & Lakes Rc-D Inc
Analysis
Carolina Land & Lakes Rc-D Inc is a registered charity in United States, based in Lenoir, NC. It received its IRS tax-exemption ruling in May 2002, 24 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 2023, Carolina Land & Lakes Rc-D Inc reported income of $1.3m and spending of $628k, leaving 53% of income unspent that year. Across the 5 years on record, from June 2020 to December 2023, income grew from $202k to $1.3m (+555%), an average of +60% a year. The sharpest change came in the year to June 2022, when income rose by 1838%. Over the whole period it spent 38% of the income it received.
Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Carolina Land & Lakes Rc-D Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within NC. Charities of a similar size with the same main cause include Mississippi Park Connection ($1.3m), Roxbury Land Trust Inc ($1.3m) and Missouri Coalition for the Environment Foundation ($1.3m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $96k (15% of expenses). Other salaries and wages came to $118k. At year end it held assets of $2.8m against liabilities of $17k, net assets of $2.8m. It reported 3 employees.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Other 0.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Mississippi Park Connection | Saint Paul | $1.3m |
| Roxbury Land Trust Inc | Roxbury | $1.3m |
| Missouri Coalition for the Environment Foundation | Saint Louis | $1.3m |
| Friends of Radnor Lake | Nashville | $1.3m |