C&o Canal Trust Inc

Analysis

C&o Canal Trust Inc is a registered charity in United States, based in Williamsport, MD. It received its IRS tax-exemption ruling in June 2007, 19 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 September 2023, C&o Canal Trust Inc reported income of $1.1m and spending of $935k, spending 84% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $883k to $1.1m (+26%), an average of +6.0% a year. The sharpest change came in the year to September 2021, when income rose by 31%. Over the whole period it spent 83% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, C&o Canal Trust Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within MD. Charities of a similar size with the same main cause include High Plains Environmental Center ($1.1m), Minnesota Environmental Partnership ($1.1m) and Mount Pisgah Arboretum ($1.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 80% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $237k (25% of expenses). Other salaries and wages came to $298k. At year end it held assets of $1.6m against liabilities of $299k, net assets of $1.3m. It reported 9 employees.