Peninsula Open Space Trust

Analysis

Peninsula Open Space Trust is a registered charity in United States, based in Palo Alto, CA. It received its IRS tax-exemption ruling in April 1977, 49 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 June 2023, Peninsula Open Space Trust reported income of $24.8m and spending of $29.0m, spending 117% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $31.1m to $24.8m (-20%), an average of -7.3% a year. The sharpest change came in the year to June 2021, when income rose by 24%. Over the whole period it spent 87% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Peninsula Open Space Trust sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Rivers & Lands Conservancy ($24.6m), World Wildlife Fund Canada ($25.0m) and Center for Energy and Environment ($24.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 85% and program service revenue 1.0% of the total. Compensation of current officers, directors and key employees was $1.8m (6.3% of expenses). Other salaries and wages came to $6.2m. At year end it held assets of $337.0m against liabilities of $19.3m, net assets of $317.7m. It reported 63 employees.