Kennebunk Land Trust

Analysis

Kennebunk Land Trust is a registered charity in United States, based in Kennebunk, ME. It received its IRS tax-exemption ruling in February 1973, 53 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, Kennebunk Land Trust reported income of $233k and spending of $186k, leaving 20% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $233k (-79%), an average of -32% a year. The sharpest change came in the year to December 2020, when income dropped by 53%. Over the whole period it spent 72% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Kennebunk Land Trust sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 50th percentile within ME. Charities of a similar size with the same main cause include Salida Mountain Trails ($233k), Keep the Midlands Beautiful ($234k) and The Great Egg Harbor Watershed Association a New Jersey Not for ($233k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% of the total. Compensation of current officers, directors and key employees was $76k (41% of expenses). Other salaries and wages came to $22k. At year end it held assets of $8.2m against liabilities of $940, net assets of $8.2m. It reported 2 employees.