Friends of Central Algoma Land Trust

Analysis

Friends of Central Algoma Land Trust is a registered charity in United States, based in Lake Forest, IL. It received its IRS tax-exemption ruling in April 2001, 25 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, Friends of Central Algoma Land Trust reported income of $1.0m and spending of $1.8m, spending 177% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $240k to $1.0m (+316%), an average of +43% a year. The sharpest change came in the year to December 2023, when income rose by 217%. Over the whole period it spent 123% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Friends of Central Algoma Land Trust sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within IL. Charities of a similar size with the same main cause include Good Energy Project Inc ($999k), Salisbury Beach Partnership Inc ($1.0m) and Design Trust for Public Space Inc ($999k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $152k against liabilities of $3,114, net assets of $149k.