The Kennebec Land Trust

Analysis

The Kennebec Land Trust is a registered charity in United States, based in Winthrop, ME. It received its IRS tax-exemption ruling in October 1993, 33 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 2024, The Kennebec Land Trust reported income of $850k and spending of $536k, leaving 37% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $737k to $850k (+15%), an average of +2.9% a year. The sharpest change came in the year to June 2022, when income rose by 81%. Over the whole period it spent 52% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, The Kennebec Land Trust sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 74th percentile within ME. Charities of a similar size with the same main cause include Longview Arboretum and Nature Center ($849k), Kidsgardeningorg Inc ($850k) and Association of New Jersey Environmental Commissions ($849k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 94% and program service revenue 2.6% of the total. Compensation of current officers, directors and key employees was $80k (15% of expenses). Other salaries and wages came to $186k. At year end it held assets of $9.1m against liabilities of $6,398, net assets of $9.1m. It reported 6 employees.