Old Saybrook Land Trust Inc

Analysis

Old Saybrook Land Trust Inc is a registered charity in United States, based in Old Saybrook, CT. It received its IRS tax-exemption ruling in July 1997, 29 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, Old Saybrook Land Trust Inc reported income of $235k and spending of $32k, leaving 86% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $119k to $235k (+97%), an average of +97% a year. The sharpest change came in the year to December 2023, when income rose by 97%. Over the whole period it spent 21% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Old Saybrook Land Trust Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within CT. Charities of a similar size with the same main cause include Eco Agents Inc ($235k), Pacific Rivers ($235k) and Empire Discovery Institute Inc ($235k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.6m against liabilities of $0, net assets of $1.6m.