Washington Farmland Trust

Analysis

Washington Farmland Trust is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in October 2000, 26 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, Washington Farmland Trust reported income of $2.3m and spending of $2.5m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $2.3m (+33%), an average of +7.3% a year. The sharpest change came in the year to December 2020, when income rose by 91%. Over the whole period it spent 97% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Washington Farmland Trust sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within WA. Charities of a similar size with the same main cause include North Carolina Sustainable Energy Association ($2.3m), Nokuse Education Inc ($2.3m) and 300 Committee Land Trust Inc ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 4.0% of the total. Compensation of current officers, directors and key employees was $160k (6.5% of expenses). Other salaries and wages came to $998k. At year end it held assets of $10.5m against liabilities of $5.4m, net assets of $5.0m. It reported 21 employees.