Boothbay Region Land Trust Inc

Analysis

Boothbay Region Land Trust Inc is a registered charity in United States, based in Boothbay Harbor, ME. It received its IRS tax-exemption ruling in October 1994, 32 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 September 2023, Boothbay Region Land Trust Inc reported income of $1.8m and spending of $731k, leaving 60% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.4m to $1.8m (+31%), an average of +7.0% a year. The sharpest change came in the year to September 2022, when income rose by 348%. Over the whole period it spent 31% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Boothbay Region Land Trust Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within ME. Charities of a similar size with the same main cause include Shenandoah National Park Trust ($1.8m), Act Institute Inc ($1.8m) and Genesis Project ($1.8m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 70% of the total. Compensation of current officers, directors and key employees was $106k (15% of expenses). Other salaries and wages came to $287k. At year end it held assets of $19.6m against liabilities of $41k, net assets of $19.6m. It reported 9 employees.