Conanicut Island Land Trust Corporation

Analysis

Conanicut Island Land Trust Corporation is a registered charity in United States, based in Jamestown, RI. It received its IRS tax-exemption ruling in August 1985, 41 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Conanicut Island Land Trust Corporation reported income of $74k and spending of $23k, leaving 69% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $69k to $74k (+7.6%), an average of +1.8% a year. The sharpest change came in the year to December 2021, when income rose by 242%. Over the whole period it spent 25% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Conanicut Island Land Trust Corporation sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 25th percentile within RI. Charities of a similar size with the same main cause include Memphis Garden Club ($74k), Bio Bamboo Inc ($74k) and Garden Club of Kentucky Inc ($74k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 1.0% of the total. At year end it held assets of $2.5m against liabilities of $0, net assets of $2.5m.