Penobscott County Conservation Inc Trust Fund

Analysis

Penobscott County Conservation Inc Trust Fund is a registered charity in United States, based in Brewer, ME. It received its IRS tax-exemption ruling in October 1977, 49 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 May 2024, Penobscott County Conservation Inc Trust Fund reported income of $77k and spending of $27k, leaving 64% of income unspent that year. Across the 6 years on record, from May 2019 to May 2024, income grew from $64k to $77k (+19%), an average of +3.5% a year. The sharpest change came in the year to May 2024, when income rose by 132%. Over the whole period it spent 90% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Penobscott County Conservation Inc Trust Fund sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 23rd percentile within ME. Charities of a similar size with the same main cause include Hastings Rotary Foundation ($77k), Teutopolis Educational Foundation ($77k) and White Mountain Hospice Foundation ($77k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 64% of the total. At year end it held assets of $758k against liabilities of $0, net assets of $758k.