Island Green Building Association

Analysis

Island Green Building Association is a registered charity in United States, based in St Thomas, VI. It received its IRS tax-exemption ruling in December 2020, 6 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, Island Green Building Association reported income of $576k and spending of $667k, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $425k to $576k (+36%), an average of +7.9% a year. The sharpest change came in the year to December 2021, when income rose by 278%. Over the whole period it spent 71% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Island Green Building Association sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 78th percentile within VI. Charities of a similar size with the same main cause include Breach Collective ($575k), Hatcher Garden and Woodland Preserve Inc ($577k) and Harbor District Inc ($575k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $419k. At year end it held assets of $1.1m against liabilities of $27k, net assets of $1.0m.