Margaret and Luke Pettit Environmental Preserve Inc

Analysis

Margaret and Luke Pettit Environmental Preserve Inc is a registered charity in United States, based in Cartersville, GA. It received its IRS tax-exemption ruling in November 1999, 27 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 2024, Margaret and Luke Pettit Environmental Preserve Inc reported income of $149k and spending of $152k, spending 102% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $62k to $149k (+140%), an average of +24% a year. The sharpest change came in the year to June 2024, when income rose by 28%. Over the whole period it spent 123% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Margaret and Luke Pettit Environmental Preserve Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 50th percentile within GA. Charities of a similar size with the same main cause include Narrow Ridge Center ($149k), Earthpercent Foundation ($149k) and Izaak Walton League of America Inc ($149k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 34% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $60k (39% of expenses). At year end it held assets of $1.2m against liabilities of $234k, net assets of $980k. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.