Riverside Conservancy Inc

Analysis

Riverside Conservancy Inc is a registered charity in United States, based in Edgewater, FL. It received its IRS tax-exemption ruling in August 2017, 9 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 December 2022, Riverside Conservancy Inc reported income of $215k and spending of $278k, spending 130% of what it took in. Across the 3 years on record, from December 2020 to December 2022, income fell from $244k to $215k (-12%), an average of -6.3% a year. The sharpest change came in the year to December 2021, when income rose by 445%. Over the whole period it spent 36% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Riverside Conservancy Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 59th percentile within FL. Charities of a similar size with the same main cause include New Nature Foundation ($214k), Friends of Devils Lake State Park ($215k) and Discovery Pathways ($214k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 83% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $56k (20% of expenses). Other salaries and wages came to $52k. At year end it held assets of $1.2m against liabilities of $3,875, net assets of $1.2m. It reported 7 employees.