The Carbon Conservation Trust

Analysis

The Carbon Conservation Trust is a registered charity in United States, based in Wilmington, NC. It received its IRS tax-exemption ruling in August 2017, 9 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 June 2023, The Carbon Conservation Trust reported income of $125k and spending of $25k, leaving 80% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income fell from $211k to $125k (-41%), an average of -41% a year. The sharpest change came in the year to June 2023, when income dropped by 41%. Over the whole period it spent 18% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, The Carbon Conservation Trust sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 40th percentile within NC. Charities of a similar size with the same main cause include Cape Coral Remade ($125k), Keep Lewisville Beautiful ($125k) and Berne Commuinity Development Corporation ($124k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 73% of the total. At year end it held assets of $330k against liabilities of $0, net assets of $330k.