Hancock County Trustees of Public Reservations

Analysis

Hancock County Trustees of Public Reservations is a registered charity in United States, based in Ellsworth, ME. It received its IRS tax-exemption ruling in December 1949, 77 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Hancock County Trustees of Public Reservations reported income of $1.0m and spending of $531k, leaving 49% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $806k to $1.0m (+29%), an average of +6.6% a year. The sharpest change came in the year to December 2022, when income rose by 156%. Over the whole period it spent 21% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Hancock County Trustees of Public Reservations sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 77th percentile within ME. Charities of a similar size with the same main cause include American Sewing Guild Inc ($1.0m), Dodge City Roundup Inc ($1.0m) and Tiffin Theatre Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 4.9% of the total. Other salaries and wages came to $214k. At year end it held assets of $16.1m against liabilities of $48k, net assets of $16.1m. It reported 10 employees.