North Carolina Coastal Land Trust

Analysis

North Carolina Coastal Land Trust is a registered charity in United States, based in Wilmington, NC. It received its IRS tax-exemption ruling in December 1992, 34 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 September 2023, North Carolina Coastal Land Trust reported income of $6.4m and spending of $5.3m, spending 84% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $9.7m to $6.4m (-35%), an average of -10% a year. The sharpest change came in the year to September 2021, when income rose by 115%. Over the whole period it spent 52% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, North Carolina Coastal Land Trust 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 94th percentile within NC. Charities of a similar size with the same main cause include Native Plant Trust Inc ($6.4m), Solid Waste Association of North America Inc ($6.4m) and Jo Daviess Conservation Foundation Inc ($6.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 92% and program service revenue 1.3% of the total. Compensation of current officers, directors and key employees was $109k (2.0% of expenses). Other salaries and wages came to $714k. At year end it held assets of $60.1m against liabilities of $1.9m, net assets of $58.2m. It reported 14 employees.