Micronesia Conservation Trust

Analysis

Micronesia Conservation Trust is a registered charity in United States, based in Pohnpei, FM. It received its IRS tax-exemption ruling in July 2010, 16 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).

In the financial year ending December 2023, Micronesia Conservation Trust reported income of $7.3m and spending of $3.8m, leaving 47% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $1.8m to $7.3m (+311%), an average of +33% a year. The sharpest change came in the year to December 2019, when income rose by 215%. Over the whole period it spent 67% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Micronesia Conservation Trust sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 100th percentile within FM. Charities of a similar size with the same main cause include Groundswell Inc ($7.3m), Conservative Energy Network ($7.3m) and Only One Inc ($7.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 38% of the total. Compensation of current officers, directors and key employees was $217k (5.6% of expenses). Other salaries and wages came to $491k. At year end it held assets of $35.1m against liabilities of $3.6m, net assets of $31.5m. It reported 20 employees.