Legacy Land Conservancy

Analysis

Legacy Land Conservancy is a registered charity in United States, based in Ann Arbor, MI. It received its IRS tax-exemption ruling in October 1991, 35 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, Legacy Land Conservancy reported income of $1.6m and spending of $2.2m, spending 134% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.2m to $1.6m (+40%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 199%. Over the whole period it spent 87% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Legacy Land Conservancy sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within MI. Charities of a similar size with the same main cause include Carpet America Recovery Effort Care Inc ($1.6m), Airport Foundation MSP ($1.6m) and The Vermont Center for Ecostudies Inc ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 87% and program service revenue 6.1% of the total. Compensation of current officers, directors and key employees was $104k (4.8% of expenses). Other salaries and wages came to $490k. At year end it held assets of $8.6m against liabilities of $122k, net assets of $8.5m. It reported 16 employees.