Kachemak Heritage Land Trust Inc

Analysis

Kachemak Heritage Land Trust Inc is a registered charity in United States, based in Homer, AK. It received its IRS tax-exemption ruling in May 1994, 32 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, Kachemak Heritage Land Trust Inc reported income of $913k and spending of $752k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.5m to $913k (-38%), an average of -11% a year. The sharpest change came in the year to December 2022, when income rose by 266%. Over the whole period it spent 49% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Kachemak Heritage Land Trust Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 76th percentile within AK. Charities of a similar size with the same main cause include 350 Colorado ($912k), Sustainability Laboratory Inc ($913k) and Partnership for Policy Integrity Inc ($912k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. Compensation of current officers, directors and key employees was $119k (16% of expenses). Other salaries and wages came to $387k. At year end it held assets of $8.5m against liabilities of $186k, net assets of $8.3m. It reported 7 employees.