Kent Land Trust Inc

Analysis

Kent Land Trust Inc is a registered charity in United States, based in Kent, CT. It received its IRS tax-exemption ruling in March 1994, 32 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, Kent Land Trust Inc reported income of $347k and spending of $365k, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $347k (-69%), an average of -26% a year. The sharpest change came in the year to December 2021, when income rose by 454%. Over the whole period it spent 34% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Kent Land Trust Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 61st percentile within CT. Charities of a similar size with the same main cause include Lake Quivira Foundation ($347k), Efficiency Valuation Organization ($347k) and Brunswick Downtown Association ($347k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% of the total. Compensation of current officers, directors and key employees was $58k (16% of expenses). Other salaries and wages came to $101k. At year end it held assets of $14.0m against liabilities of $21k, net assets of $14.0m. It reported 5 employees.