Franklin Land Trust Inc

Analysis

Franklin Land Trust Inc is a registered charity in United States, based in Shelburne FLS, MA. It received its IRS tax-exemption ruling in February 1987, 39 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 June 2024, Franklin Land Trust Inc reported income of $1.4m and spending of $1.3m, spending 94% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $1.7m to $1.4m (-20%), an average of -4.3% a year. The sharpest change came in the year to June 2021, when income rose by 113%. Over the whole period it spent 71% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Franklin Land Trust Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within MA. Charities of a similar size with the same main cause include Tijuana Estuary Foundation ($1.4m), Soil and Water Conservation Society ($1.4m) and Santa Fe Conservation Trust ($1.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 63% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $107k (8.4% of expenses). Other salaries and wages came to $487k. At year end it held assets of $6.4m against liabilities of $492k, net assets of $5.9m. It reported 9 employees.