The Finger Lakes Land Trust Inc

Analysis

The Finger Lakes Land Trust Inc is a registered charity in United States, based in Ithaca, NY. It received its IRS tax-exemption ruling in February 1992, 34 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 2023, The Finger Lakes Land Trust Inc reported income of $9.3m and spending of $5.1m, leaving 46% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.2m to $9.3m (+1.0%), an average of +0.2% a year. The sharpest change came in the year to June 2023, when income rose by 93%. Over the whole period it spent 57% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, The Finger Lakes Land Trust Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 93rd percentile within NY. Charities of a similar size with the same main cause include Strategic Energy Innovations ($9.3m), California Rural Water Association ($9.3m) and Global Energy Monitor ($9.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% of the total. Compensation of current officers, directors and key employees was $191k (3.8% of expenses). Other salaries and wages came to $962k. At year end it held assets of $38.2m against liabilities of $2.3m, net assets of $35.9m. It reported 21 employees.