Aspetuck Land Trust Inc

Analysis

Aspetuck Land Trust Inc is a registered charity in United States, based in Fairfield, CT. It received its IRS tax-exemption ruling in May 1967, 59 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, Aspetuck Land Trust Inc reported income of $4.6m and spending of $1.3m, leaving 72% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $4.6m (+289%), an average of +40% a year. The sharpest change came in the year to December 2023, when income rose by 195%. 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, Aspetuck Land Trust Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within CT. Charities of a similar size with the same main cause include Schuylkill River Greenway Assn ($4.6m), Community Environmental Council Inc ($4.6m) and Southern Alliance for Clean Energy ($4.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 2.1% of the total. Compensation of current officers, directors and key employees was $159k (12% of expenses). Other salaries and wages came to $375k. At year end it held assets of $63.0m against liabilities of $997k, net assets of $62.0m. It reported 6 employees.