Western Foothills Land Trust

Analysis

Western Foothills Land Trust is a registered charity in United States, based in Norway, ME. It received its IRS tax-exemption ruling in March 1988, 38 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 December 2023, Western Foothills Land Trust reported income of $2.2m and spending of $1.6m, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $383k to $2.2m (+469%), an average of +54% a year. The sharpest change came in the year to December 2023, when income rose by 152%. Over the whole period it spent 67% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Western Foothills Land Trust sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 85th percentile within ME. Charities of a similar size with the same main cause include Because I Said I Would ($2.2m), Mattioli Foundation ($2.2m) and First Colony Swim Team Inc ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $63k (3.9% of expenses). Other salaries and wages came to $186k. At year end it held assets of $3.4m against liabilities of $320k, net assets of $3.0m. It reported 8 employees.