Laudholm Trust

Analysis

Laudholm Trust is a registered charity in United States, based in Wells, ME. It received its IRS tax-exemption ruling in June 1982, 44 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 June 2023, Laudholm Trust reported income of $955k and spending of $1.0m, spending 109% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $850k to $955k (+12%), an average of +3.0% a year. The sharpest change came in the year to June 2022, when income dropped by 23%. Over the whole period it spent 92% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Laudholm Trust sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 75th percentile within ME. Charities of a similar size with the same main cause include Spring Street Climate Fund Inc ($954k), The Nelac Institute ($956k) and Zilker Botanical Garden Conservancy Non-Profit Corporation ($954k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 63% of the total. Compensation of current officers, directors and key employees was $124k (12% of expenses). Other salaries and wages came to $157k. At year end it held assets of $11.1m against liabilities of $172k, net assets of $10.9m. It reported 6 employees.