Dry Stone Conservancy Inc
Analysis
Dry Stone Conservancy Inc is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in July 1996, 30 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Dry Stone Conservancy Inc reported income of $347k and spending of $191k, leaving 45% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $201k to $347k (+73%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 87%. Over the whole period it spent 107% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Dry Stone Conservancy Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 65th percentile within KY. Charities of a similar size with the same main cause include Newburyport Maritime Society Inc ($347k), Space One Eleven Inc ($347k) and Pioneer Arizona Foundation ($347k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.1% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $70k (37% of expenses). Other salaries and wages came to $8,767. At year end it held assets of $247k against liabilities of $1,466, net assets of $246k. It reported 7 employees.
Income and spending
Where the income comes from
- Contributions & grants 8.1%
- Program services 91%
- Other 1.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Newburyport Maritime Society Inc | Newburyport | $347k |
| Space One Eleven Inc | Birmingham | $347k |
| Pioneer Arizona Foundation | Phoenix | $347k |
| Ballet Etudes of South Florida Inc | Hialeah | $347k |