Phippsburg Land Trust

Analysis

Phippsburg Land Trust is a registered charity in United States, based in Phippsburg, ME. It received its IRS tax-exemption ruling in March 1994, 32 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, Phippsburg Land Trust reported income of $89k and spending of $59k, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $162k to $89k (-45%), an average of -14% a year. The sharpest change came in the year to December 2020, when income dropped by 62%. Over the whole period it spent 54% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Phippsburg Land Trust sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 27th percentile within ME. Charities of a similar size with the same main cause include Herrington Lake Conservation League Inc ($89k), High Bonanza Community Access Utah ($89k) and Catonsville Rails to Trail Inc ($89k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% of the total. At year end it held assets of $2.3m against liabilities of $7,186, net assets of $2.3m.