Lummi Island Heritage Trust

Analysis

Lummi Island Heritage Trust is a registered charity in United States, based in Lummi Island, WA. It received its IRS tax-exemption ruling in October 1998, 28 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, Lummi Island Heritage Trust reported income of $1.1m and spending of $716k, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $309k to $1.1m (+269%), an average of +39% a year. The sharpest change came in the year to December 2021, when income rose by 399%. Over the whole period it spent 53% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Lummi Island Heritage Trust sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within WA. Charities of a similar size with the same main cause include Home Resource ($1.1m), Bay Journal Media Inc ($1.1m) and Reforest the Tropics Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 6.6% of the total. Compensation of current officers, directors and key employees was $86k (12% of expenses). Other salaries and wages came to $76k. At year end it held assets of $10.6m against liabilities of $21k, net assets of $10.6m. It reported 4 employees.