Patuxent Tidewater Land TR

Analysis

Patuxent Tidewater Land TR is a registered charity in United States, based in Leonardtown, MD. It received its IRS tax-exemption ruling in June 1997, 29 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, Patuxent Tidewater Land TR reported income of $1.9m and spending of $311k, leaving 84% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $393k to $1.9m (+389%), an average of +49% a year. The sharpest change came in the year to December 2020, when income rose by 309%. Over the whole period it spent 65% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Patuxent Tidewater Land TR sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 84th percentile within MD. Charities of a similar size with the same main cause include Friends of the Virgin Islands National Park ($1.9m), Mobile Baykeeper Inc ($1.9m) and Colorado Coalition of Land Trusts ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $50k (16% of expenses). At year end it held assets of $2.0m against liabilities of $4,688, net assets of $2.0m. It reported 1 employees.