Northern Waters Land Trust

Analysis

Northern Waters Land Trust is a registered charity in United States, based in Walker, MN. It received its IRS tax-exemption ruling in June 1998, 28 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, Northern Waters Land Trust reported income of $2.7m and spending of $2.7m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $368k to $2.7m (+647%), an average of +65% a year. The sharpest change came in the year to December 2023, when income rose by 413%. Over the whole period it spent 101% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Northern Waters Land Trust sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within MN. Charities of a similar size with the same main cause include Hawaiian Legacy Reforestation Initiative ($2.7m), Dogwood Alliance Inc ($2.7m) and Seeds ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $74k (2.8% of expenses). Other salaries and wages came to $112k. At year end it held assets of $862k against liabilities of $240k, net assets of $622k. It reported 6 employees.