Edisto Island Open Land Trust Inc

Analysis

Edisto Island Open Land Trust Inc is a registered charity in United States, based in Edisto Island, SC. It received its IRS tax-exemption ruling in November 1994, 32 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, Edisto Island Open Land Trust Inc reported income of $1.6m and spending of $620k, leaving 61% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $611k to $1.6m (+159%), an average of +27% a year. The sharpest change came in the year to December 2021, when income rose by 115%. Over the whole period it spent 49% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Edisto Island Open Land Trust Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 87th percentile within SC. Charities of a similar size with the same main cause include The Ohio Water Environment Association ($1.6m), Milwaukee Parks Foundation ($1.6m) and Environmental Traveling Companions ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $175k (28% of expenses). Other salaries and wages came to $118k. At year end it held assets of $4.2m against liabilities of $52k, net assets of $4.2m. It reported 7 employees.