Lancaster Farmland Trust

Analysis

Lancaster Farmland Trust is a registered charity in United States, based in Strasburg, PA. It received its IRS tax-exemption ruling in September 2006, 20 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, Lancaster Farmland Trust reported income of $10.3m and spending of $11.0m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.2m to $10.3m (+97%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 45%. Over the whole period it spent 93% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Lancaster Farmland Trust sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within PA. Charities of a similar size with the same main cause include Natureserve ($10.2m), Memorial Park Conservancy Inc ($10.4m) and Clean Future Forum Inc ($10.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 3.2% of the total. Compensation of current officers, directors and key employees was $178k (1.6% of expenses). Other salaries and wages came to $713k. At year end it held assets of $11.2m against liabilities of $542k, net assets of $10.6m. It reported 16 employees.