Wetlands America Trust Inc
Analysis
Wetlands America Trust Inc is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in February 1985, 41 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Wetlands America Trust Inc reported income of $14.6m and spending of $12.8m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $34.4m to $14.6m (-58%), an average of -19% a year. The sharpest change came in the year to June 2021, when income rose by 1288%. Over the whole period it spent 90% of the income it received.
Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Wetlands America Trust Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within TN. Charities of a similar size with the same main cause include Grand Traverse Regional Land Conservancy ($14.5m), Western Conservation Foundation ($15.0m) and Surfrider Foundation ($14.3m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $177.1m against liabilities of $89.9m, net assets of $87.3m.
Income and spending
Where the income comes from
- Contributions & grants 94%
- Other 5.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Grand Traverse Regional Land Conservancy | Traverse City | $14.5m |
| Western Conservation Foundation | Denver | $15.0m |
| Surfrider Foundation | San Clemente | $14.3m |
| Ocean Exploration Trust Inc | New London | $15.0m |