Bald Head Island Conservancy Inc
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
Where the income comes from
- Contributions & grants 47%
- Program services 20%
- Other 33%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Ecolife Conservation | Carlsbad | $1.9m |
| US Plastics Pact LLC | Walpole | $1.9m |
| Mattole Restoration Council | Petrolia | $1.9m |
| Honnold Foundation | Salt Lake Cty | $1.9m |