Balsam Moon Preserve

Analysis

Balsam Moon Preserve is a registered charity in United States, based in Pine River, MN. 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 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, Balsam Moon Preserve reported income of $124k and spending of $13k, leaving 90% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $348k to $124k (-64%), an average of -64% a year. The sharpest change came in the year to December 2023, when income dropped by 64%. Over the whole period it spent 5.4% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Balsam Moon Preserve sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 40th percentile within MN. Charities of a similar size with the same main cause include San Mateo Arboretum Society Inc ($124k), Climate Science Awareness and Solutions Inc ($124k) and Pennyrile Resource Conservation and Development Area Inc ($124k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 1.7% of the total. At year end it held assets of $449k against liabilities of $0, net assets of $449k.