C — EnvironmentEIN: 911533402· Ruling Year: 1996

Skagit Land Trust

Mount Vernon, Washington

B+Health Score
70B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

💰
$3.6M
Total Revenue
📊
$1.3M
Total Expenses
🏦
$30.9M
Net Assets
📋
$523K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-17.9%
Year-over-year change (2023 → 2024)
Net Margin
+62.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
22.90
Net assets divided by total expenses
Liabilities-to-Assets
1.7%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2024$3,579,940↓18%$1,347,161↓21%$31,376,411↑6%
2023$4,359,997↓6%$1,705,970↑28%$29,583,431↑13%
2022$4,614,350↑51%$1,330,065↑26%$26,232,417↑11%
2021$3,052,314↓14%$1,059,236↓10%$23,572,295↑21%
2020$3,538,733↑17%$1,178,287↑26%$19,514,351↑6%
2019$3,026,168↓39%$935,608↑1%$18,414,613↑8%
2018$4,946,250↑44%$928,482↑18%$17,026,327↑42%
2017$3,436,922↑153%$787,228↑39%$12,026,856↑30%
2016$1,356,526↑22%$564,421↓29%$9,243,092↑9%
2015$1,114,991↑12%$795,858↑43%$8,495,317↑4%
2014$992,305↓49%$557,401↓4%$8,207,933↑7%
2013$1,962,570↑53%$581,793↑43%$7,698,764↑16%
2012$1,285,829$405,841$6,610,217

Frequently Asked Questions

What does Skagit Land Trust do?▼

Skagit Land Trust is a environment nonprofit organization based in Washington. It is classified under NTEE code C340 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Skagit Land Trust financially healthy?▼

Based on our 9-metric Financial Health Score model, Skagit Land Trust has a score of 70/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Skagit Land Trust generate?▼

Skagit Land Trust reports $3.0M in annual revenue and holds $32.6M in total assets, based on IRS filings.

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