North Salem Open Land Foundation Inc

Analysis

North Salem Open Land Foundation Inc is a registered charity in United States, based in North Salem, NY. It received its IRS tax-exemption ruling in September 1974, 52 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, North Salem Open Land Foundation Inc reported income of $422k and spending of $463k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $377k to $422k (+12%), an average of +2.8% a year. The sharpest change came in the year to December 2022, when income rose by 217%. Over the whole period it spent 65% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, North Salem Open Land Foundation Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 64th percentile within NY. Charities of a similar size with the same main cause include Brooklyn Greenway Initative ($422k), Agriculture-Natural Resources Trust ($422k) and Freedoms Way Heritage Association ($421k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 0.3% of the total. Other salaries and wages came to $203k. At year end it held assets of $19.4m against liabilities of $2,800, net assets of $19.4m. It reported 5 employees.