American Chestnut Land Trust Inc

Analysis

American Chestnut Land Trust Inc is a registered charity in United States, based in PRNC Frederck, MD. It received its IRS tax-exemption ruling in June 1987, 39 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, American Chestnut Land Trust Inc reported income of $982k and spending of $671k, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $467k to $982k (+110%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 115%. Over the whole period it spent 72% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, American Chestnut Land Trust Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within MD. Charities of a similar size with the same main cause include Ecoflight ($980k), Nevada Outdoor School ($982k) and Northcentral Pennsylvania Conservancy ($980k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 1.3% of the total. Compensation of current officers, directors and key employees was $88k (13% of expenses). Other salaries and wages came to $311k. At year end it held assets of $8.2m against liabilities of $62k, net assets of $8.1m. It reported 7 employees.