Interlace Commons Inc

Analysis

Interlace Commons Inc is a registered charity in United States, based in Bristol, VT. It received its IRS tax-exemption ruling in June 2019, 7 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, Interlace Commons Inc reported income of $678k and spending of $750k, spending 111% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $463k to $678k (+46%), an average of +46% a year. The sharpest change came in the year to December 2023, when income rose by 46%. Over the whole period it spent 90% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Interlace Commons Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 71st percentile within VT. Charities of a similar size with the same main cause include Colorado River Land Trust Inc ($678k), The Carl Safina Center Inc ($679k) and National Wilderness Stewardship Alliance ($678k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 82% of the total. Other salaries and wages came to $244k. At year end it held assets of $316k against liabilities of $134k, net assets of $182k.