Three Rivers Land Trust Inc
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
Where the income comes from
- Contributions & grants 86%
- Program services 9.0%
- Other 5.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Greening of Detroit | Detroit | $6.5m |
| American Conservation Foundation Inc | Gatesville | $6.5m |
| Summit Land Conservancy | Park City | $6.4m |
| Piedmont Environmental Council | Warrenton | $6.5m |