Trust to Conserve Northeast Forest Lands

Analysis

Trust to Conserve Northeast Forest Lands is a registered charity in United States, based in Augusta, ME. It received its IRS tax-exemption ruling in June 2004, 22 years ago. 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, Trust to Conserve Northeast Forest Lands reported income of $451k and spending of $454k, spending 101% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $275k to $451k (+64%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 54%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Trust to Conserve Northeast Forest Lands sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 64th percentile within ME. Charities of a similar size with the same main cause include South Montgomery Girls Softball League ($451k), San Diego County Bicycle Coalition ($451k) and Historical Construction Equipment Association ($451k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $87k (19% of expenses). At year end it held assets of $28k against liabilities of $0, net assets of $28k. It reported 1 employees.