Northwest Connecticut Land Conservancy Inc

Analysis

Northwest Connecticut Land Conservancy Inc is a registered charity in United States, based in Kent, CT. It received its IRS tax-exemption ruling in June 1966, 60 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, Northwest Connecticut Land Conservancy Inc reported income of $5.6m and spending of $1.7m, leaving 69% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $5.6m (+378%), an average of +48% a year. The sharpest change came in the year to December 2020, when income rose by 349%. Over the whole period it spent 35% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Northwest Connecticut Land Conservancy Inc sits at the 95th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within CT. Charities of a similar size with the same main cause include Green Our Planet ($5.6m), The Mountains to Sound Greenway TR ($5.6m) and Aspen Center for Environmental Studies ($5.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $409k (23% of expenses). Other salaries and wages came to $321k. At year end it held assets of $73.8m against liabilities of $4.5m, net assets of $69.3m. It reported 15 employees.