Freshwater Land Trust

Analysis

Freshwater Land Trust is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in February 1998, 28 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, Freshwater Land Trust reported income of $2.3m and spending of $1.6m, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $955k to $2.3m (+140%), an average of +24% a year. The sharpest change came in the year to December 2021, when income rose by 114%. 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, Freshwater Land Trust sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 90th percentile within AL. Charities of a similar size with the same main cause include Clean Energy for America Education Fund ($2.3m), Heritage Preservation Trust Inc ($2.3m) and Electric Vehicle Infrastructure Training Program ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 1.9% of the total. Compensation of current officers, directors and key employees was $155k (9.4% of expenses). Other salaries and wages came to $454k. At year end it held assets of $43.1m against liabilities of $131k, net assets of $42.9m. It reported 10 employees.