Norfolk Land Trust Inc
Analysis
Norfolk Land Trust Inc is a registered charity in United States, based in Norfolk, 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, Norfolk Land Trust Inc reported income of $66k and spending of $61k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $295k to $66k (-77%), an average of -31% a year. The sharpest change came in the year to December 2021, when income rose by 727%. Over the whole period it spent 14% of the income it received.
Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Norfolk Land Trust Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 24th percentile within CT. Charities of a similar size with the same main cause include Project3r ($66k), White Tank Mountains Conservancy ($67k) and Greenfields Nature Sanctuary ($66k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% of the total. At year end it held assets of $4.9m against liabilities of $13k, net assets of $4.9m.
Income and spending
Where the income comes from
- Contributions & grants 77%
- Other 23%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Project3r | San Juan Capo | $66k |
| White Tank Mountains Conservancy | Buckeye | $67k |
| Greenfields Nature Sanctuary | Omaha | $66k |
| Carmel by the Sea Garden Club | Pebble Beach | $67k |