Balsam Mountain TR

Analysis

Balsam Mountain TR is a registered charity in United States, based in Sylva, NC. It received its IRS tax-exemption ruling in April 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, Balsam Mountain TR reported income of $450k and spending of $350k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $294k to $450k (+53%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 45%. Over the whole period it spent 79% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Balsam Mountain TR sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within NC. Charities of a similar size with the same main cause include Wildlife Leadership Academy ($450k), Owl Creek Conservancy ($450k) and Conservation Park of Virginia Inc ($449k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 2.9% of the total. Compensation of current officers, directors and key employees was $102k (29% of expenses). Other salaries and wages came to $83k. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m. It reported 7 employees.