Peconic Land Trust Incorporated

Analysis

Peconic Land Trust Incorporated is a registered charity in United States, based in Southampton, NY. It received its IRS tax-exemption ruling in March 1989, 37 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, Peconic Land Trust Incorporated reported income of $17.4m and spending of $7.5m, leaving 57% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.0m to $17.4m (+148%), an average of +26% a year. The sharpest change came in the year to December 2020, when income rose by 111%. Over the whole period it spent 37% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Peconic Land Trust Incorporated sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 95th percentile within NY. Charities of a similar size with the same main cause include The Land Conservancy of San Luis Obispo County ($17.3m), Des Plaines Wetlands Conservancy Inc ($17.4m) and Land Trust of Santa Cruz County ($17.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 2.9% of the total. Compensation of current officers, directors and key employees was $946k (13% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $444.5m against liabilities of $24.2m, net assets of $420.3m. It reported 50 employees.