Conestee Foundation Inc

Analysis

Conestee Foundation Inc is a registered charity in United States, based in Conestee, SC. It received its IRS tax-exemption ruling in March 2001, 25 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, Conestee Foundation Inc reported income of $937k and spending of $884k, spending 94% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $531k to $937k (+76%), an average of +21% a year. The sharpest change came in the year to December 2022, when income rose by 24%. Over the whole period it spent 94% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Conestee Foundation Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within SC. Charities of a similar size with the same main cause include National Network of Abortion Funds ($937k), NC Greenpower Corporation Non Profit ($939k) and Marin Audubon Society Incorporated ($937k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 86% and program service revenue 5.9% of the total. Compensation of current officers, directors and key employees was $84k (9.5% of expenses). Other salaries and wages came to $348k. At year end it held assets of $3.8m against liabilities of $11k, net assets of $3.8m. It reported 12 employees.