Old Lyme Land Trust Inc

Analysis

Old Lyme Land 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 December 2023, Old Lyme Land Trust Inc reported income of $78k and spending of $40k, leaving 48% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $54k to $78k (+43%), an average of +9.4% a year. The sharpest change came in the year to December 2020, when income rose by 106%. Over the whole period it spent 63% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Old Lyme Land Trust Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 28th percentile within CT. Charities of a similar size with the same main cause include Otoe County Wildlife Club ($78k), Leesville Lake Association ($78k) and Banklick Watershed Council Inc ($78k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% of the total. At year end it held assets of $8.5m against liabilities of $2,000, net assets of $8.5m.