New River Conservancy

Analysis

New River Conservancy is a registered charity in United States, based in W Jefferson, NC. It received its IRS tax-exemption ruling in September 1991, 35 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, New River Conservancy reported income of $456k and spending of $524k, spending 115% of what it took in. Across the 5 years on record, from December 2019 to June 2023, income fell from $1.1m to $456k (-57%), an average of -19% a year. The sharpest change came in the year to December 2022, when income rose by 94%. Over the whole period it spent 77% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, New River Conservancy sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within NC. Charities of a similar size with the same main cause include Eastern Queens Alliance Inc ($456k), Archangel Ancient Tree Archive ($457k) and National Bonsai Foundation Incorporated ($456k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $52k (9.8% of expenses). Other salaries and wages came to $79k. At year end it held assets of $2.0m against liabilities of $170k, net assets of $1.8m. It reported 14 employees.