Marthas Vineyard Fishermens Preservation Trust Inc

Analysis

Marthas Vineyard Fishermens Preservation Trust Inc is a registered charity in United States, based in Menemsha, MA. It received its IRS tax-exemption ruling in February 2015, 11 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, Marthas Vineyard Fishermens Preservation Trust Inc reported income of $497k and spending of $441k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $449k to $497k (+11%), an average of +2.6% a year. The sharpest change came in the year to December 2020, when income rose by 66%. Over the whole period it spent 77% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Marthas Vineyard Fishermens Preservation Trust Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within MA. Charities of a similar size with the same main cause include Altar Valley Conservation Alliance ($497k), Geist Lake Coalition Inc ($497k) and Ozark Ecological Restoration Inc ($496k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $85k (19% of expenses). Other salaries and wages came to $184k. At year end it held assets of $1.2m against liabilities of $312k, net assets of $860k. It reported 18 employees.