Lake Champlain Land Trust Inc

Analysis

Lake Champlain Land Trust Inc is a registered charity in United States, based in Burlington, VT. It received its IRS tax-exemption ruling in May 1978, 48 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, Lake Champlain Land Trust Inc reported income of $523k and spending of $570k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $781k to $523k (-33%), an average of -9.5% a year. The sharpest change came in the year to December 2020, when income rose by 55%. Over the whole period it spent 67% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Lake Champlain Land Trust Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 66th percentile within VT. Charities of a similar size with the same main cause include Takshanuk Watershed Council ($523k), Flathead Lakers Inc ($523k) and Our Hope ($522k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% of the total. Compensation of current officers, directors and key employees was $167k (29% of expenses). Other salaries and wages came to $75k. At year end it held assets of $5.4m against liabilities of $21k, net assets of $5.3m. It reported 3 employees.