Genesee Land Trust Inc
Analysis
Genesee Land Trust Inc is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in September 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 March 2024, Genesee Land Trust Inc reported income of $6.9m and spending of $3.2m, leaving 53% of income unspent that year. Across the 5 years on record, from March 2020 to March 2024, income grew from $2.0m to $6.9m (+247%), an average of +36% a year. The sharpest change came in the year to March 2022, when income rose by 172%. Over the whole period it spent 67% of the income it received.
Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Genesee Land Trust Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 91st percentile within NY. Charities of a similar size with the same main cause include Conservation Lands Foundation ($6.9m), Frederik Meijer Gardens and Sculpture Foundation ($7.0m) and Resilient Cities Catalyst Inc ($6.9m).
On its Form 990 for the period ending March 2024, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $120k (3.7% of expenses). Other salaries and wages came to $580k. At year end it held assets of $10.7m against liabilities of $196k, net assets of $10.5m. It reported 27 employees.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Other 0.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Conservation Lands Foundation | Durango | $6.9m |
| Frederik Meijer Gardens and Sculpture Foundation | Grand Rapids | $7.0m |
| Resilient Cities Catalyst Inc | Brooklyn | $6.9m |
| Keep America Beautiful Inc | Stamford | $7.0m |