East Cooper Land Trust
East Cooper Land Trust reports $1 million in expenses against $66k revenue, with assets plummeting to $22k in latest filing.
EIN: 200473518 · Charleston, SC · NTEE: C34 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $67K |
| Total Expenses | $1.0M |
| Program Spending | 75% |
| Net Assets | $22K |
| Transparency Score | 55/100 |
Is East Cooper Land Trust Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
East Cooper Land Trust directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About East Cooper Land Trust
East Cooper Land Trust (EIN: 200473518) is a nonprofit organization based in Charleston, SC, classified under NTEE code C34. The organization reported total revenue of $67K and total assets of $22K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of East Cooper Land Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
East Cooper Land Trust is a micro nonprofit that has been operating for 22 years, with 10 years of IRS 990 filings on record (2013–2022). Revenue has grown at a compound annual rate of -3.9%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $67K |
| Total Expenses | $1.0M |
| Surplus / Deficit | $-966,717 |
| Total Assets | $22K |
| Net Assets | $22K |
| Operating Margin | -1445.3% |
| Months of Reserves | 0.3 months |
Financial Health Grade: C
In 2022, East Cooper Land Trust reported a deficit of $967K with expenses exceeding revenue, holds 0.3 months of operating reserves (limited).
Financial Trends
Over 10 years of filings (2013–2022), East Cooper Land Trust's revenue has declined at a compound annual growth rate (CAGR) of -3.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -48.1% | +747.9% | -97.8% |
| 2021 | -0.8% | -17.0% | +0.4% |
| 2020 | -60.6% | -47.9% | -0.1% |
| 2019 | +43.1% | -0.6% | +5.0% |
| 2018 | -7.0% | +10.6% | -5.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates East Cooper Land Trust with a Mission Score of 55 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, East Cooper Land Trust allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $967K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported at 0% across all available filings, indicating that no officers received compensation, which is highly favorable for donor confidence regarding executive pay relative to the organization's size and mission.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of East Cooper Land Trust's IRS 990 filings:
- Massive deficit in the latest fiscal year (202206) where expenses ($1,033,603) far exceeded revenue ($66,886).
- Dramatic decrease in assets from over $1 million in 2021 to $22,160 in 2022.
- Significant financial volatility and inconsistency in revenue and expense patterns over the past few years.
Strengths
The following positive indicators were identified for East Cooper Land Trust:
- Consistent reporting of 0% officer compensation across all available filings, indicating no executive pay.
- Historically maintained assets over $950,000 for several years prior to the 2022 decline.
Frequently Asked Questions about East Cooper Land Trust
Is East Cooper Land Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, East Cooper Land Trust (EIN: 200473518) some concerns. Mission Score: 55/100. 3 red flags identified, 2 strengths noted.
How does East Cooper Land Trust spend its money?
East Cooper Land Trust directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to East Cooper Land Trust tax-deductible?
East Cooper Land Trust is registered as a tax-exempt nonprofit (EIN: 200473518). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of East Cooper Land Trust's spending goes to programs?
East Cooper Land Trust directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does East Cooper Land Trust compare to similar nonprofits?
With a transparency score of 55/100 (Fair), East Cooper Land Trust is near average for NTEE category C34 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is East Cooper Land Trust located?
East Cooper Land Trust is headquartered in Charleston, South Carolina and files with the IRS under EIN 200473518. It is classified under NTEE code C34.
How many years of IRS 990 filings does East Cooper Land Trust have?
East Cooper Land Trust has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $67K in total revenue.
What caused the significant increase in expenses to over $1 million in 2022, given the low revenue?
The 202206 filing shows expenses of $1,033,603, a dramatic increase from $121,895 in 2021. This large expenditure, coupled with only $66,886 in revenue, suggests a major, possibly one-time, financial event or program activity that needs further explanation.
Why did the organization's assets decrease from over $1 million to $22,160 in the latest fiscal year?
Assets dropped from $1,002,149 in 202106 to $22,160 in 202206. This substantial reduction in assets, alongside high expenses, indicates a significant change in the organization's financial structure or a major asset disposition.
Is East Cooper Land Trust financially sustainable given the 2022 deficit?
The 202206 filing shows expenses exceeding revenue by nearly $967,000. While past years showed more balanced finances, this large deficit and depleted assets raise serious questions about the organization's short-term financial sustainability without significant new funding.
Filing History
IRS 990 filing history for East Cooper Land Trust showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2013–2022), East Cooper Land Trust's revenue has declined by 30.3%, moving from $96K to $67K. Total assets decreased by 84.7% over the same period, from $145K to $22K. Total functional expenses rose by 1073.7%, from $88K to $1.0M. In its most recent filing year (2022), East Cooper Land Trust reported a deficit of $967K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $67K | $1.0M | $22K | $0 | — | — |
| 2021 | $129K | $122K | $1.0M | $13K | — | View 990 |
| 2020 | $130K | $147K | $998K | $16K | — | — |
| 2019 | $329K | $282K | $999K | $0 | — | View 990 |
| 2018 | $230K | $284K | $951K | $0 | — | View 990 |
| 2017 | $248K | $256K | $1.0M | $0 | — | View 990 |
| 2016 | $489K | $241K | $1.0M | $0 | — | View 990 |
| 2015 | $325K | $145K | $765K | $1K | — | View 990 |
| 2014 | $116K | $101K | $148K | $1K | — | View 990 |
| 2013 | $96K | $88K | $145K | $11K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $67K, expenses of $1.0M, and assets of $22K (revenue -48.1% year-over-year).
- 2021: Revenue of $129K, expenses of $122K, and assets of $1.0M (revenue -0.8% year-over-year).
- 2020: Revenue of $130K, expenses of $147K, and assets of $998K (revenue -60.6% year-over-year).
- 2019: Revenue of $329K, expenses of $282K, and assets of $999K (revenue +43.1% year-over-year).
- 2018: Revenue of $230K, expenses of $284K, and assets of $951K (revenue -7.0% year-over-year).
- 2017: Revenue of $248K, expenses of $256K, and assets of $1.0M (revenue -49.4% year-over-year).
- 2016: Revenue of $489K, expenses of $241K, and assets of $1.0M (revenue +50.3% year-over-year).
- 2015: Revenue of $325K, expenses of $145K, and assets of $765K (revenue +181.0% year-over-year).
- 2014: Revenue of $116K, expenses of $101K, and assets of $148K (revenue +20.6% year-over-year).
- 2013: Revenue of $96K, expenses of $88K, and assets of $145K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for East Cooper Land Trust:
Data Sources and Methodology
This transparency report for East Cooper Land Trust is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.