New Marlborough Land Trust Inc
Analysis
New Marlborough Land Trust Inc is a registered charity in United States, based in Southfield, MA. It received its IRS tax-exemption ruling in March 1989, 37 years ago. 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, New Marlborough Land Trust Inc reported income of $124k and spending of $179k, spending 145% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $80k to $124k (+55%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 169%. Over the whole period it spent 79% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Marlborough Land Trust Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 48th percentile within MA. Charities of a similar size with the same main cause include Opportunities Inc ($124k), Big Mac Band Boosters ($124k) and Topanga Banjo Fiddle Contest and Folk Festival Inc ($124k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $41k (23% of expenses). At year end it held assets of $1.7m against liabilities of $823, net assets of $1.7m. It reported 1 employees.
Income and spending
Where the income comes from
- Contributions & grants 97%
- Other 3.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Opportunities Inc | Borger | $124k |
| Big Mac Band Boosters | Canonsburg | $124k |
| Topanga Banjo Fiddle Contest and Folk Festival Inc | Tarzana | $124k |
| Warren County Habitat for Humanity Inc | Front Royal | $124k |