Ward 8 Woods Conservancy Inc

Analysis

Ward 8 Woods Conservancy Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in May 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ward 8 Woods Conservancy Inc reported income of $307k and spending of $300k, spending 98% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $238k to $307k (+29%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 91% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Ward 8 Woods Conservancy Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 36th percentile within DC. Charities of a similar size with the same main cause include Nevada Preservation Foundation ($307k), West Virginia Forestry Association ($307k) and Friends of Sausal Creek ($307k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $52k (18% of expenses). Other salaries and wages came to $142k. At year end it held assets of $152k against liabilities of $0, net assets of $152k. It reported 12 employees.