Spartanburg Area Conservancy Inc

Analysis

Spartanburg Area Conservancy Inc is a registered charity in United States, based in Spartanburg, SC. It received its IRS tax-exemption ruling in August 1989, 37 years ago. 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, Spartanburg Area Conservancy Inc reported income of $343k and spending of $280k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $194k to $343k (+77%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 136%. Over the whole period it spent 64% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Spartanburg Area Conservancy Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 69th percentile within SC. Charities of a similar size with the same main cause include Pathways Counseling Center Inc ($343k), Oneida County Humane Society ($343k) and St Vincents Depaul Society of Portage Inc ($343k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $79k (28% of expenses). Other salaries and wages came to $85k. At year end it held assets of $6.0m against liabilities of $8,780, net assets of $6.0m. It reported 4 employees.