Tuckernuck Land TR Inc

Analysis

Tuckernuck Land TR Inc is a registered charity in United States, based in Nantucket, MA. It received its IRS tax-exemption ruling in February 1997, 29 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, Tuckernuck Land TR Inc reported income of $168k and spending of $100k, leaving 40% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $236k to $168k (-29%), an average of -8.2% a year. The sharpest change came in the year to December 2021, when income rose by 218%. Over the whole period it spent 41% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Tuckernuck Land TR Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 54th percentile within MA. Charities of a similar size with the same main cause include Burney-Fall River Education Foundation ($167k), Terragraphics International Foundation Inc ($168k) and Maine Wilderness Watershed Trust Inc ($167k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $50k. At year end it held assets of $5.3m against liabilities of $6,249, net assets of $5.3m. It reported 2 employees.