Ithaka Land Inc

Analysis

Ithaka Land Inc is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in November 1981, 45 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, Ithaka Land Inc reported income of $687k and spending of $802k, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $723k to $687k (-4.9%), an average of -1.2% a year. The sharpest change came in the year to December 2020, when income rose by 126%. Over the whole period it spent 70% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Ithaka Land Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 73rd percentile within CO. Charities of a similar size with the same main cause include Bedford 2030 Inc ($687k), Cave Conservancy of the Virginias ($687k) and Hands on - a Childs Gallery ($687k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $81k (10% of expenses). Other salaries and wages came to $305k. At year end it held assets of $3.6m against liabilities of $444k, net assets of $3.1m. It reported 10 employees.