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Bald Head Island Conservancy Inc

RegisteredEIN 58-1574496Bald Head Isl, NCEnvironment and conservation
Income$1.9m2023-12
Spending$1.8msame year
Spent / received86%5-year average
Size in its cause86th pctEnvironment and conservation
Exempt since1984Publicly supported organisat
Employees50latest return

Analysis

Bald Head Island Conservancy Inc is a registered charity in United States, based in Bald Head Isl, NC. It received its IRS tax-exemption ruling in August 1984, 42 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bald Head Island Conservancy Inc reported income of $1.9m and spending of $1.8m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $1.9m (+43%), an average of +9.4% a year. The sharpest change came in the year to December 2021, when income rose by 68%. Over the whole period it spent 86% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Bald Head Island Conservancy Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within NC. Charities of a similar size with the same main cause include Ecolife Conservation ($1.9m), US Plastics Pact LLC ($1.9m) and Mattole Restoration Council ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $140k (8.0% of expenses). Other salaries and wages came to $697k. At year end it held assets of $8.4m against liabilities of $89k, net assets of $8.3m. It reported 50 employees.

Income and spending

$0$671k$1.3m$2.0m$2.7m2019 Income: $1,358,2092019 Spending: $1,472,97020192020 Income: $1,599,7872020 Spending: $1,510,18320202021 Income: $2,683,9642021 Spending: $1,678,36620212022 Income: $2,062,2812022 Spending: $1,867,20820222023 Income: $1,942,9942023 Spending: $1,763,6742023
IncomeSpending

Where the income comes from

  • Contributions & grants 47%
  • Program services 20%
  • Other 33%

Similar-sized charities, same cause

CharityLocationIncome
Ecolife ConservationCarlsbad$1.9m
US Plastics Pact LLCWalpole$1.9m
Mattole Restoration CouncilPetrolia$1.9m
Honnold FoundationSalt Lake Cty$1.9m