Wicomico Environmental Trust Ltd

Analysis

Wicomico Environmental Trust Ltd is a registered charity in United States, based in Salisbury, MD. It received its IRS tax-exemption ruling in August 2005, 21 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, Wicomico Environmental Trust Ltd reported income of $101k and spending of $123k, spending 122% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $150k to $101k (-33%), an average of -33% a year. The sharpest change came in the year to December 2023, when income dropped by 33%. Over the whole period it spent 82% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Wicomico Environmental Trust Ltd sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 39th percentile within MD. Charities of a similar size with the same main cause include Living Technology Institute ($101k), Farwide Conservation Inc ($101k) and Fruitport Conservation Club Inc ($101k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 86% of the total. At year end it held assets of $131k against liabilities of $0, net assets of $131k.