New Hartford Land Conservation Trust Inc

Analysis

New Hartford Land Conservation Trust Inc is a registered charity in United States, based in New Hartford, CT. It received its IRS tax-exemption ruling in December 1973, 53 years ago. 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, New Hartford Land Conservation Trust Inc reported income of $120k and spending of $13k, leaving 89% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $23k to $120k (+430%), an average of +52% a year. The sharpest change came in the year to December 2022, when income rose by 706%. Over the whole period it spent 13% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Hartford Land Conservation Trust Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within CT. Charities of a similar size with the same main cause include The Pasadena Community Orchestra Foundation ($120k), Micah House Inc ($120k) and 350deschutes ($120k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $5.8m against liabilities of $80k, net assets of $5.8m.