Great Pond Mountain Conservation TR

Analysis

Great Pond Mountain Conservation TR is a registered charity in United States, based in Bucksport, ME. It received its IRS tax-exemption ruling in July 1994, 32 years ago. 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, Great Pond Mountain Conservation TR reported income of $1.2m and spending of $529k, leaving 54% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $283k to $1.2m (+308%), an average of +42% a year. The sharpest change came in the year to June 2021, when income rose by 231%. Over the whole period it spent 40% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Great Pond Mountain Conservation TR sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 78th percentile within ME. Charities of a similar size with the same main cause include Galveston County Community Act ($1.2m), Santa Maria Towers Housing Development Fund Company Inc ($1.2m) and Public Safety Chaplaincy Inc ($1.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 96% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $83k (16% of expenses). Other salaries and wages came to $82k. At year end it held assets of $8.7m against liabilities of $11k, net assets of $8.7m. It reported 6 employees.