Solidago Conservancy

Analysis

Solidago Conservancy is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in June 2021, 5 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Solidago Conservancy reported income of $1.2m and spending of $257k, leaving 78% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $1.4m to $1.2m (-14%), an average of -14% a year. Over the whole period it spent 16% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Solidago Conservancy sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within NE. Charities of a similar size with the same main cause include Nebraska Game and Parks Foundation ($1.2m), Protectors of Tule Springs ($1.2m) and Material Innovation Institute ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 112% of the total. Compensation of current officers, directors and key employees was $62k (24% of expenses). Other salaries and wages came to $83k. At year end it held assets of $2.4m against liabilities of $143k, net assets of $2.3m.