Conserving Carolina
Analysis
Conserving Carolina is a registered charity in United States, based in Hendersonvlle, NC. It received its IRS tax-exemption ruling in October 1994, 32 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, Conserving Carolina reported income of $11.2m and spending of $6.4m, leaving 43% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.4m to $11.2m (+51%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 145%. Over the whole period it spent 58% of the income it received.
Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Conserving Carolina sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within NC. Charities of a similar size with the same main cause include Vermont Youth Conservation Corps Inc ($11.1m), Clearpath Inc ($11.2m) and Urban Ecology Center Inc ($11.1m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $135k (2.1% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $44.3m against liabilities of $1.0m, net assets of $43.2m. It reported 79 employees.
Income and spending
Where the income comes from
- Contributions & grants 96%
- Program services 0.4%
- Other 3.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Vermont Youth Conservation Corps Inc | Richmond | $11.1m |
| Clearpath Inc | Washington | $11.2m |
| Urban Ecology Center Inc | Milwaukee | $11.1m |
| American Forest Foundation | Washington | $11.3m |