Coastal Rivers Conservation Trust

Analysis

Coastal Rivers Conservation Trust is a registered charity in United States, based in Damariscotta, ME. It received its IRS tax-exemption ruling in September 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 June 2023, Coastal Rivers Conservation Trust reported income of $4.5m and spending of $3.5m, leaving 23% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.5m to $4.5m (+29%), an average of +6.5% a year. The sharpest change came in the year to June 2021, when income rose by 209%. Over the whole period it spent 58% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Coastal Rivers Conservation Trust 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 91st percentile, and in the 91st percentile within ME. Charities of a similar size with the same main cause include California Assoc of Resource Conservation Districts ($4.5m), Chippewa Nature Center Inc ($4.5m) and North Coast Land Conservancy Inc ($4.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $104k (3.0% of expenses). Other salaries and wages came to $568k. At year end it held assets of $18.3m against liabilities of $1.7m, net assets of $16.7m. It reported 23 employees.