Sogorea Te Land Trust

Analysis

Sogorea Te Land Trust is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in December 2019, 7 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, Sogorea Te Land Trust reported income of $7.3m and spending of $2.2m, leaving 70% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $702k to $7.3m (+939%), an average of +80% a year. The sharpest change came in the year to December 2020, when income rose by 434%. Over the whole period it spent 12% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Sogorea Te Land Trust sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Pacoima Beautiful ($7.3m), Green Building Initiative Inc ($7.3m) and Mesa County Land Conservancy Inc ($7.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 1.0% of the total. Compensation of current officers, directors and key employees was $170k (7.8% of expenses). Other salaries and wages came to $768k. It paid $4,757 in professional fundraising fees. At year end it held assets of $44.6m against liabilities of $86k, net assets of $44.5m. It reported 29 employees.