Carbon Forestry Trust Inc

Analysis

Carbon Forestry Trust Inc is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in February 2022, 4 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, Carbon Forestry Trust Inc reported income of $290k and spending of $61k, leaving 79% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $71k to $290k (+306%), an average of +306% a year. The sharpest change came in the year to December 2023, when income rose by 306%. Over the whole period it spent 27% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Carbon Forestry Trust Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 58th percentile within NY. Charities of a similar size with the same main cause include Prince William Conservation Alliance ($290k), Friends of Bayou Lafourche Inc ($290k) and Massachusetts Land Trust Coalition ($290k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 81% of the total. At year end it held assets of $411k against liabilities of $128k, net assets of $283k.