Sharon Land Trust Inc

Analysis

Sharon Land Trust Inc is a registered charity in United States, based in Sharon, CT. It received its IRS tax-exemption ruling in January 1983, 43 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, Sharon Land Trust Inc reported income of $1.2m and spending of $281k, leaving 77% of income unspent that year. Across the 6 years on record, from September 2019 to December 2023, income grew from $353k to $1.2m (+239%), an average of +28% a year. The sharpest change came in the year to September 2021, when income rose by 469%. Over the whole period it spent 24% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Sharon Land Trust Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 79th percentile within CT. Charities of a similar size with the same main cause include Reeves-Reed Arboretum ($1.2m), Land Trust Accreditation Commission ($1.2m) and Malama Maunalua ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% of the total. Other salaries and wages came to $110k. At year end it held assets of $19.2m against liabilities of $6,134, net assets of $19.2m. It reported 4 employees.