Reforest the Tropics Inc

Analysis

Reforest the Tropics Inc is a registered charity in United States, based in Mystic, CT. It received its IRS tax-exemption ruling in August 1996, 30 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, Reforest the Tropics Inc reported income of $1.1m and spending of $926k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $966k to $1.1m (+17%), an average of +4.1% a year. The sharpest change came in the year to December 2022, when income rose by 262%. Over the whole period it spent 78% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Reforest the Tropics Inc sits at the 79th percentile: it is larger than about 79% 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 Three Bays Preservation Inc ($1.1m), Home Resource ($1.1m) and Ecologistics Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 4.4% of the total. Compensation of current officers, directors and key employees was $83k (9.0% of expenses). Other salaries and wages came to $44k. At year end it held assets of $1.3m against liabilities of $337k, net assets of $974k. It reported 3 employees.