Bangor Land Trust

Analysis

Bangor Land Trust is a registered charity in United States, based in Bangor, ME. It received its IRS tax-exemption ruling in December 2002, 24 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, Bangor Land Trust reported income of $170k and spending of $102k, leaving 40% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $93k to $170k (+83%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 162%. Over the whole period it spent 47% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Bangor Land Trust sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 43rd percentile within ME. Charities of a similar size with the same main cause include Trinidad Coastal Land Trust ($170k), Missouri Parks Association ($170k) and Lake Agawam Conservancy Inc ($170k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $17k. At year end it held assets of $1.3m against liabilities of $1,530, net assets of $1.3m. It reported 1 employees.