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Coastal Mountains Land Trust

RegisteredEIN 22-2795691Camden, MEEnvironment and conservation
Income$2.0m2024-03
Spending$1.6msame year
Spent / received73%5-year average
Size in its cause86th pctEnvironment and conservation
Exempt since1987Publicly supported organisat
Employees11latest return

Analysis

Coastal Mountains Land Trust is a registered charity in United States, based in Camden, ME. It received its IRS tax-exemption ruling in May 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 March 2024, Coastal Mountains Land Trust reported income of $2.0m and spending of $1.6m, spending 82% of its income. Across the 5 years on record, from March 2020 to March 2024, income fell from $3.7m to $2.0m (-48%), an average of -15% a year. The sharpest change came in the year to March 2021, when income dropped by 60%. Over the whole period it spent 73% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Coastal Mountains Land Trust sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 84th percentile within ME. Charities of a similar size with the same main cause include Friends of the New Jersey School of Conservation ($2.0m), Arundel Rivers Federation Inc ($2.0m) and Milwaukee Water Commons Inc ($2.0m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 90% of the total. Compensation of current officers, directors and key employees was $100k (6.2% of expenses). Other salaries and wages came to $403k. At year end it held assets of $9.9m against liabilities of $25k, net assets of $9.9m. It reported 11 employees.

Income and spending

$0$937k$1.9m$2.8m$3.7m2020 Income: $3,747,2522020 Spending: $2,953,42520202021 Income: $1,516,9652021 Spending: $762,83020212022 Income: $2,270,9172022 Spending: $1,663,60920222023 Income: $1,712,7342023 Spending: $1,195,02220232024 Income: $1,961,2242024 Spending: $1,607,8382024
IncomeSpending

Where the income comes from

  • Contributions & grants 90%
  • Other 10%

Similar-sized charities, same cause

CharityLocationIncome
Friends of the New Jersey School of ConservationBranchville$2.0m
Arundel Rivers Federation IncEdgewater$2.0m
Milwaukee Water Commons IncMilwaukee$2.0m
Pathfinders Resource Conservation and Development Area IncFairfield$2.0m