Mount Desert Land and Garden Preserve

Analysis

Mount Desert Land and Garden Preserve is a registered charity in United States, based in Seal Harbor, ME. It received its IRS tax-exemption ruling in September 1993, 33 years ago. 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, Mount Desert Land and Garden Preserve reported income of $6.8m and spending of $4.1m, leaving 39% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.0m to $6.8m (+237%), an average of +36% a year. The sharpest change came in the year to December 2020, when income rose by 167%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mount Desert Land and Garden Preserve sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within ME. Charities of a similar size with the same main cause include The Graduate Center Foundation Inc ($6.8m), Council for Exceptional Children ($6.8m) and Food Bank of Siouxland Inc ($6.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% of the total. Compensation of current officers, directors and key employees was $267k (6.5% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $148.3m against liabilities of $178k, net assets of $148.2m. It reported 62 employees.