Trustees of Reservations
Analysis
Trustees of Reservations is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in January 1935, 91 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 March 2023, Trustees of Reservations reported income of $50.5m and spending of $55.3m, spending 109% of what it took in. Across the 5 years on record, from March 2019 to March 2023, income grew from $42.7m to $50.5m (+18%), an average of +4.3% a year. The sharpest change came in the year to March 2021, when income rose by 97%. Over the whole period it spent 78% of the income it received.
Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Trustees of Reservations sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within MA. Charities of a similar size with the same main cause include National Network of Abortion Funds ($49.2m), Elevate Energy ($50.9m) and Ocean Conservancy Inc ($48.6m).
On its Form 990 for the period ending March 2023, revenue came from contributions and grants 79% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $1.8m (3.3% of expenses). Other salaries and wages came to $22.2m. It paid $400k in professional fundraising fees. At year end it held assets of $356.6m against liabilities of $15.6m, net assets of $340.9m. It reported 1,055 employees.
Income and spending
Where the income comes from
- Contributions & grants 79%
- Program services 19%
- Other 1.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| National Network of Abortion Funds | Beaverton | $49.2m |
| Elevate Energy | Chicago | $50.9m |
| Ocean Conservancy Inc | Washington | $48.6m |
| League of Conservation Voters Education Fund | Washington | $51.5m |