Southeast Regional Land Conservancy Inc

Analysis

Southeast Regional Land Conservancy Inc is a registered charity in United States, based in Asheville, NC. It received its IRS tax-exemption ruling in December 2002, 24 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Southeast Regional Land Conservancy Inc reported income of $139k and spending of $388k, spending 279% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $839k to $139k (-83%), an average of -36% a year. The sharpest change came in the year to June 2023, when income dropped by 80%. Over the whole period it spent 59% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Southeast Regional Land Conservancy Inc sits at the 43rd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within NC. Charities of a similar size with the same main cause include Squirrel Island Preservation Foundation ($139k), Runners for Public Lands ($139k) and Friends of Green Spring Inc ($139k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 10% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $98k (25% of expenses). At year end it held assets of $5.8m against liabilities of $2,048, net assets of $5.8m. It reported 1 employees.