Great Lakes Stewardship Initiative

Analysis

Great Lakes Stewardship Initiative is a registered charity in United States, based in Lowell, MI. It received its IRS tax-exemption ruling in November 2018, 8 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 August 2022, Great Lakes Stewardship Initiative reported income of $416k and spending of $620k, spending 149% of what it took in. Across the 4 years on record, from August 2019 to August 2022, income fell from $508k to $416k (-18%), an average of -6.4% a year. The sharpest change came in the year to August 2020, when income dropped by 23%. Over the whole period it spent 94% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Great Lakes Stewardship Initiative sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within MI. Charities of a similar size with the same main cause include Great Rivers Habitat Alliance ($416k), Kanu Hawaii ($417k) and Key West Botanical Garden Society Inc ($415k).

On its Form 990 for the period ending August 2022, revenue came from contributions and grants 91% and program service revenue 9.0% of the total. Compensation of current officers, directors and key employees was $107k (17% of expenses). Other salaries and wages came to $30k. At year end it held assets of $284k against liabilities of $35k, net assets of $248k. It reported 2 employees.