Open Space Institute Land Trust Inc

Analysis

Open Space Institute Land Trust Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 1980, 46 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, Open Space Institute Land Trust Inc reported income of $74.8m and spending of $76.9m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $30.4m to $74.8m (+146%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 39%. Over the whole period it spent 80% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Open Space Institute Land Trust Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within NY. Charities of a similar size with the same main cause include Massachusetts Audubon Society Inc ($73.7m), Multiplier ($75.0m) and Global Fishing Watch Inc ($69.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 9.8% of the total. Compensation of current officers, directors and key employees was $4.6m (5.9% of expenses). Other salaries and wages came to $4.6m. At year end it held assets of $421.5m against liabilities of $126.5m, net assets of $294.9m.