Smith Island Land Trust

Analysis

Smith Island Land Trust is a registered charity in United States, based in Bald Head Isl, NC. It received its IRS tax-exemption ruling in October 1996, 30 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, Smith Island Land Trust reported income of $1.8m and spending of $1.4m, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $1.8m (+14%), an average of +3.3% a year. The sharpest change came in the year to December 2023, when income rose by 140%. Over the whole period it spent 80% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Smith Island Land Trust sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within NC. Charities of a similar size with the same main cause include Public Employees for Environmental Responsibility Inc ($1.8m), Kern River Valley Heritage Foundation ($1.8m) and Newfound Lake Region Association ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $7.6m against liabilities of $0, net assets of $7.6m.