Blue Hill Heritage Trust Inc

Analysis

Blue Hill Heritage Trust Inc is a registered charity in United States, based in Blue Hill, ME. It received its IRS tax-exemption ruling in February 1986, 40 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, Blue Hill Heritage Trust Inc reported income of $2.7m and spending of $1.2m, leaving 55% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $924k to $2.7m (+187%), an average of +30% a year. The sharpest change came in the year to December 2020, when income rose by 160%. Over the whole period it spent 49% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Blue Hill Heritage Trust Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within ME. Charities of a similar size with the same main cause include Atmos Ltd ($2.6m), Renewable Northwest Project ($2.7m) and Trash for Peace ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. Compensation of current officers, directors and key employees was $107k (9.1% of expenses). Other salaries and wages came to $454k. At year end it held assets of $17.6m against liabilities of $60k, net assets of $17.5m. It reported 11 employees.