Waterfront Botanical Gardens Inc

Analysis

Waterfront Botanical Gardens Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in April 1996, 30 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, Waterfront Botanical Gardens Inc reported income of $5.1m and spending of $3.4m, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $8.3m to $5.1m (-39%), an average of -12% a year. The sharpest change came in the year to December 2021, when income rose by 139%. Over the whole period it spent 49% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Waterfront Botanical Gardens Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within KY. Charities of a similar size with the same main cause include Willamette Falls Trust ($5.1m), Houston Botanic Garden ($5.1m) and Tennessee River Gorge Trust Inc ($5.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 1.5% of the total. Compensation of current officers, directors and key employees was $275k (8.1% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $21.3m against liabilities of $777k, net assets of $20.5m. It reported 41 employees.