Summit Land Conservancy
Analysis
Summit Land Conservancy is a registered charity in United States, based in Park City, UT. It received its IRS tax-exemption ruling in August 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, Summit Land Conservancy reported income of $6.4m and spending of $5.9m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $16.1m to $6.4m (-60%), an average of -20% a year. The sharpest change came in the year to December 2022, when income rose by 151%. Over the whole period it spent 102% of the income it received.
Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Summit Land Conservancy sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within UT. Charities of a similar size with the same main cause include Japanese Friendship Garden and Museum of San Diego ($6.4m), Greening of Detroit ($6.5m) and North Shore Land Alliance Inc ($6.4m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 2.8% of the total. Compensation of current officers, directors and key employees was $269k (4.6% of expenses). Other salaries and wages came to $590k. At year end it held assets of $9.1m against liabilities of $3.4m, net assets of $5.7m. It reported 15 employees.
Income and spending
Where the income comes from
- Contributions & grants 97%
- Program services 2.8%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Japanese Friendship Garden and Museum of San Diego | San Diego | $6.4m |
| Greening of Detroit | Detroit | $6.5m |
| North Shore Land Alliance Inc | Oyster Bay | $6.4m |
| Three Rivers Land Trust Inc | Salisbury | $6.5m |