Aquidneck Land Trust

Analysis

Aquidneck Land Trust is a registered charity in United States, based in Middletown, RI. It received its IRS tax-exemption ruling in November 1990, 36 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 September 2023, Aquidneck Land Trust reported income of $1.8m and spending of $3.6m, spending 198% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.3m to $1.8m (+38%), an average of +8.4% a year. The sharpest change came in the year to September 2021, when income rose by 723%. Over the whole period it spent 82% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Aquidneck Land Trust sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 81st percentile within RI. Charities of a similar size with the same main cause include Green Science Policy Institute ($1.8m), Venture Outdoors Inc ($1.8m) and Great Lakes Aquatic Habitat Networkand Fund Inc ($1.8m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 82% of the total. Compensation of current officers, directors and key employees was $182k (5.1% of expenses). Other salaries and wages came to $466k. At year end it held assets of $28.0m against liabilities of $3.1m, net assets of $24.9m. It reported 11 employees.