Lyme Land Conservation Trust Inc

Analysis

Lyme Land Conservation Trust Inc is a registered charity in United States, based in Old Lyme, CT. It received its IRS tax-exemption ruling in December 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 June 2023, Lyme Land Conservation Trust Inc reported income of $1.1m and spending of $289k, leaving 74% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $479k to $1.1m (+128%), an average of +23% a year. The sharpest change came in the year to June 2020, when income rose by 107%. Over the whole period it spent 31% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Lyme Land Conservation Trust 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 80th percentile, and in the 78th percentile within CT. Charities of a similar size with the same main cause include Arctic Ice Project ($1.1m), Texas Floodplain Managementassociation ($1.1m) and Swan Valley Connections ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 36% of the total. Compensation of current officers, directors and key employees was $161k (56% of expenses). At year end it held assets of $10.9m against liabilities of $131k, net assets of $10.8m. It reported 3 employees.