Skagitonians to Preserve Farmland

Analysis

Skagitonians to Preserve Farmland is a registered charity in United States, based in Mount Vernon, WA. It received its IRS tax-exemption ruling in May 1991, 35 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, Skagitonians to Preserve Farmland reported income of $482k and spending of $318k, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $585k to $482k (-18%), an average of -4.7% a year. The sharpest change came in the year to December 2021, when income rose by 138%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Skagitonians to Preserve Farmland sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 68th percentile within WA. Charities of a similar size with the same main cause include Portlands Singing Christmas Tree Inc ($481k), Society for the History of Technology ($482k) and Plumsock Fund Inc ($481k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $106k (33% of expenses). Other salaries and wages came to $39k. At year end it held assets of $1.3m against liabilities of $75k, net assets of $1.3m. It reported 3 employees.