Groton Conservation Trust
Analysis
Groton Conservation Trust is a registered charity in United States, based in Groton, MA. It received its IRS tax-exemption ruling in February 1968, 58 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 December 2023, Groton Conservation Trust reported income of $74k and spending of $79k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $53k to $74k (+39%), an average of +8.6% a year. The sharpest change came in the year to December 2020, when income rose by 66%. Over the whole period it spent 84% of the income it received.
Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Groton Conservation Trust sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 37th percentile within MA. Charities of a similar size with the same main cause include Bio Bamboo Inc ($74k), Planetary Health Inc ($74k) and Conanicut Island Land Trust Corporation ($74k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% of the total. Other salaries and wages came to $33k. At year end it held assets of $6.4m against liabilities of $964, net assets of $6.4m. It reported 1 employees.
Income and spending
Where the income comes from
- Contributions & grants 74%
- Other 26%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Bio Bamboo Inc | Haiku | $74k |
| Planetary Health Inc | Chestnut Hill | $74k |
| Conanicut Island Land Trust Corporation | Jamestown | $74k |
| Friends of Park County Inc | Livingston | $74k |