Essex Land Trust Inc

Analysis

Essex Land Trust Inc is a registered charity in United States, based in Essex, CT. It received its IRS tax-exemption ruling in June 1968, 58 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, Essex Land Trust Inc reported income of $171k and spending of $114k, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $343k to $171k (-50%), an average of -16% a year. The sharpest change came in the year to December 2020, when income dropped by 51%. Over the whole period it spent 53% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Essex Land Trust Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within CT. Charities of a similar size with the same main cause include Climb for Hope Inc ($171k), Castleland Resource Conservation & Development Council Inc ($171k) and Center for Ecological Teaching and Learning ($170k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 2.5% of the total. At year end it held assets of $9.7m against liabilities of $0, net assets of $9.7m.