Hollow Oak Land Trust Inc

Analysis

Hollow Oak Land Trust Inc is a registered charity in United States, based in Moon Township, PA. It received its IRS tax-exemption ruling in November 1991, 35 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, Hollow Oak Land Trust Inc reported income of $636k and spending of $297k, leaving 53% of income unspent that year. Across the 5 years on record, from December 2018 to December 2023, income grew from $329k to $636k (+94%), an average of +18% a year. The sharpest change came in the year to December 2022, when income rose by 106%. Over the whole period it spent 48% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Hollow Oak Land Trust Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 72nd percentile within PA. Charities of a similar size with the same main cause include Work on Climate ($636k), Napa Green ($636k) and North Shore Community Land Trust ($635k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 0.0% of the total. Other salaries and wages came to $180k. At year end it held assets of $3.3m against liabilities of $72k, net assets of $3.3m. It reported 4 employees.