Conservancy of the Sea Islands

Analysis

Conservancy of the Sea Islands is a registered charity in United States, based in Johns Island, SC. It received its IRS tax-exemption ruling in February 1998, 28 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 2023, Conservancy of the Sea Islands reported income of $2.1m and spending of $1.5m, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $918k to $2.1m (+131%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 48%. Over the whole period it spent 74% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Conservancy of the Sea Islands sits at the 87th 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 89th percentile within SC. Charities of a similar size with the same main cause include Patch of Heaven Sanctuary Inc ($2.1m), Watershed Committee of Ozarks Inc ($2.1m) and Wildlands Restoration Volunteers ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $132k (8.8% of expenses). Other salaries and wages came to $469k. At year end it held assets of $5.5m against liabilities of $1.4m, net assets of $4.2m. It reported 8 employees.