Litchfield Land Trust Inc

Analysis

Litchfield Land Trust Inc is a registered charity in United States, based in Litchfield, CT. It received its IRS tax-exemption ruling in December 1968, 58 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, Litchfield Land Trust Inc reported income of $471k and spending of $137k, leaving 71% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $265k to $471k (+78%), an average of +16% a year. The sharpest change came in the year to December 2020, when income rose by 442%. Over the whole period it spent 12% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Litchfield Land Trust Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 67th percentile within CT. Charities of a similar size with the same main cause include Faith Organizing Alliance ($470k), Ohuohu Koolau Inc ($471k) and Produced Water Society Inc ($470k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $51k (37% of expenses). At year end it held assets of $12.1m against liabilities of $0, net assets of $12.1m. It reported 2 employees.