Vermont Land Trust Inc
Analysis
Vermont Land Trust Inc is a registered charity in United States, based in Montpelier, VT. It received its IRS tax-exemption ruling in August 1977, 49 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Vermont Land Trust Inc reported income of $17.4m and spending of $20.8m, spending 119% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $20.8m to $17.4m (-16%), an average of -4.3% a year. The sharpest change came in the year to June 2022, when income rose by 65%. Over the whole period it spent 91% of the income it received.
Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Vermont Land Trust Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within VT. Charities of a similar size with the same main cause include Des Plaines Wetlands Conservancy Inc ($17.4m), Descanso Gardens Foundation ($17.5m) and Peconic Land Trust Incorporated ($17.4m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 6.5% of the total. Compensation of current officers, directors and key employees was $859k (4.1% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $53.2m against liabilities of $8.6m, net assets of $44.5m. It reported 54 employees.
Income and spending
Where the income comes from
- Contributions & grants 94%
- Program services 6.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Des Plaines Wetlands Conservancy Inc | Pleasant PR | $17.4m |
| Descanso Gardens Foundation | LA Canada FLT | $17.5m |
| Peconic Land Trust Incorporated | Southampton | $17.4m |
| Massachusetts Service Alliance Inc | Boston | $17.5m |