Down East Lakes Land TR

Analysis

Down East Lakes Land TR is a registered charity in United States, based in Grand LK STRM, ME. It received its IRS tax-exemption ruling in December 2001, 25 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 December 2023, Down East Lakes Land TR reported income of $806k and spending of $1.2m, spending 146% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.2m to $806k (-63%), an average of -22% a year. The sharpest change came in the year to December 2021, when income rose by 128%. Over the whole period it spent 75% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Down East Lakes Land TR sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 73rd percentile within ME. Charities of a similar size with the same main cause include Keep Iowa Beautiful ($805k), Leaders for Clean Air Inc ($806k) and Green 2 0 ($805k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $164k (14% of expenses). Other salaries and wages came to $219k. At year end it held assets of $30.1m against liabilities of $23k, net assets of $30.1m. It reported 11 employees.