Kennebunkport Conservation Trust

Analysis

Kennebunkport Conservation Trust is a registered charity in United States, based in Kennebunkport, ME. It received its IRS tax-exemption ruling in June 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Kennebunkport Conservation Trust reported income of $854k and spending of $590k, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.5m to $854k (-44%), an average of -13% a year. The sharpest change came in the year to December 2022, when income dropped by 71%. Over the whole period it spent 69% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Kennebunkport Conservation Trust sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 74th percentile within ME. Charities of a similar size with the same main cause include Young Gifted & Green ($852k), Transition Zone Horticultural Institute Inc ($855k) and Akaka Foundation for Tropical for ($852k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% of the total. Compensation of current officers, directors and key employees was $139k (24% of expenses). Other salaries and wages came to $107k. At year end it held assets of $30.2m against liabilities of $18k, net assets of $30.2m. It reported 5 employees.