Farmington Land Trust Inc

Analysis

Farmington Land Trust Inc is a registered charity in United States, based in Unionville, CT. It received its IRS tax-exemption ruling in July 1971, 55 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, Farmington Land Trust Inc reported income of $384k and spending of $178k, leaving 54% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $150k to $384k (+156%), an average of +26% a year. The sharpest change came in the year to December 2020, when income rose by 159%. Over the whole period it spent 47% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Farmington Land Trust Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 63rd percentile within CT. Charities of a similar size with the same main cause include Community Cloud Forest Conservation ($384k), Spokane Riverkeeper ($384k) and Tinicum Conservancy ($383k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. Other salaries and wages came to $43k. At year end it held assets of $6.9m against liabilities of $9,890, net assets of $6.8m. It reported 2 employees.