Otsego Land Trust Inc

Analysis

Otsego Land Trust Inc is a registered charity in United States, based in Cooperstown, NY. It received its IRS tax-exemption ruling in February 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 March 2024, Otsego Land Trust Inc reported income of $582k and spending of $501k, spending 86% of its income. Across the 6 years on record, from March 2019 to March 2024, income fell from $1.1m to $582k (-45%), an average of -11% a year. The sharpest change came in the year to March 2020, when income dropped by 59%. Over the whole period it spent 83% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Otsego Land Trust Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 68th percentile within NY. Charities of a similar size with the same main cause include Rise and Shine Ministries Incorporated ($582k), Riverwalk Fort Lauderdale Inc ($583k) and KC Can Compost ($581k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 80% and program service revenue 1.8% of the total. Compensation of current officers, directors and key employees was $296k (59% of expenses). At year end it held assets of $5.7m against liabilities of $23k, net assets of $5.7m. It reported 6 employees.