Lower Shore Land Trust Inc

Analysis

Lower Shore Land Trust Inc is a registered charity in United States, based in Snow Hill, MD. It received its IRS tax-exemption ruling in February 1993, 33 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, Lower Shore Land Trust Inc reported income of $844k and spending of $595k, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.4m to $844k (-65%), an average of -23% a year. The sharpest change came in the year to December 2021, when income dropped by 100%. Over the whole period it spent 49% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Lower Shore Land Trust Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within MD. Charities of a similar size with the same main cause include Bark ($842k), Trees for Tomorrow Inc ($844k) and Lewis Ginter Botanical Garden Foundation ($841k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 25% of the total. Other salaries and wages came to $331k. At year end it held assets of $2.0m against liabilities of $12k, net assets of $2.0m. It reported 10 employees.