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Three Rivers Land Trust Inc

RegisteredEIN 56-1920846Salisbury, NCEnvironment and conservation
Income$6.5m2023-12
Spending$2.7msame year
Spent / received66%5-year average
Size in its cause95th pctEnvironment and conservation
Exempt since1995Publicly supported organisat
Employees19latest return

Analysis

Three Rivers Land Trust Inc is a registered charity in United States, based in Salisbury, NC. It received its IRS tax-exemption ruling in September 1995, 31 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, Three Rivers Land Trust Inc reported income of $6.5m and spending of $2.7m, leaving 59% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $6.8m to $6.5m (-4.3%), an average of -1.1% a year. The sharpest change came in the year to December 2023, when income rose by 45%. Over the whole period it spent 66% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Three Rivers Land Trust Inc 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 Greening of Detroit ($6.5m), American Conservation Foundation Inc ($6.5m) and Summit Land Conservancy ($6.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 9.0% of the total. Compensation of current officers, directors and key employees was $126k (4.7% of expenses). Other salaries and wages came to $548k. At year end it held assets of $33.2m against liabilities of $242k, net assets of $32.9m. It reported 19 employees.

Income and spending

$0$1.7m$3.4m$5.1m$6.8m2019 Income: $6,766,2942019 Spending: $4,501,18020192020 Income: $4,639,5642020 Spending: $2,622,79020202021 Income: $3,204,0682021 Spending: $3,895,61920212022 Income: $4,460,3462022 Spending: $3,294,00220222023 Income: $6,475,1932023 Spending: $2,653,2032023
IncomeSpending

Where the income comes from

  • Contributions & grants 86%
  • Program services 9.0%
  • Other 5.3%

Similar-sized charities, same cause

CharityLocationIncome
Greening of DetroitDetroit$6.5m
American Conservation Foundation IncGatesville$6.5m
Summit Land ConservancyPark City$6.4m
Piedmont Environmental CouncilWarrenton$6.5m