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Chesapeake Bay Trust

Annapolis, MD · EIN 52-1454182 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Chesapeake Bay Trust reported $36.0 million in revenue and $32.8 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $94.49 went to program services, $2.92 to management and general costs and $2.59 to fundraising. Its largest source of revenue was contributions and grants: 95.0% of the total. Government grants made up 73.0%. The highest compensation it reported for one person was $216,059 (PRESIDENT). 3 people received more than $100,000 in reportable compensation. Revenue rose 151% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $33M

For context, the median across 2,433 covered unclassified charities: $88.27 programs, $11.68 management, $0.05 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $36M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 2,433 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
94.5%86.7%
Management & general
Part IX 25(C) ÷ 25(A)
2.9%11.5%
Fundraising
Part IX 25(D) ÷ 25(A)
2.6%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.02$0.01
Contributions & grants share of revenue
Part VIII 1h ÷ 12
95.0%29.9%
Government grants share of revenue
Part VIII 1e ÷ 12
73.0%3.8%
Program service revenue share
Part VIII 2g ÷ 12
0.0%58.9%
Highest reported compensation
Part VII-A, columns D–F
$216,059$301,601
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.66%1.38%
People paid over $100,000
Part VII, line 2
36
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
9.36.8
Independent voting board members
Part VI 1a–1b
19 of 19100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$16M expenses · 50.4% of program spending · grants $14M

Restoration programs: encouraging outreach and community engagement activities that increase stewardship ethic of natural resources and on-the-ground restoration activities that demonstrate restoration techniques and engaging residents in the restoration and protection of the Chesapeake Bay and its rivers

$14M expenses · 46.5% of program spending · grants $13M

Community stewardship: increasing public awareness and involvement in activities that restore and promote maryland's natural resources

$951K expenses · 3.1% of program spending · grants $847K

Environmental education: striving to advance kindergarten through twelfth grade environmental education through experiential learning, outdoor experiences and curriculum development

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT
Officer, 40.00 hrs/week
$197,828$0$18,231$216,059
VP OF FINANCE AND ADMINISTRATION
Officer, 40.00 hrs/week
$142,095$0$21,834$163,929
VP OF PROG. FOR OUTREACH/EDUCATION
Highest compensated employee, 40.00 hrs/week
$135,749$0$17,424$153,173
VP OF PROGRAMS FOR RESTORATION
Highest compensated employee, 40.00 hrs/week
$131,450$0$17,281$148,731
FORMER VP OF DEVELOPMENT
Former, 40.00 hrs/week
$114,908$0$28,020$142,928

3 people received more than $100,000 in reportable compensation from Chesapeake Bay Trust (Part VII, line 2). Compensation of current officers, directors and key employees totaled $384K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$10M$20M$30M$40MFY2020FY2021FY2022FY2023FY2024FY2025$36M$33M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$36M$33M94.5%$25M$216,059
FY2024 ⓘ$28M$27M94.2%$22M$195,997
FY2023 ⓘ$22M$20M93.3%$19M$192,295
FY2022 ⓘ$16M$14M90.6%$16M$188,024
FY2021 ⓘ$17M$15M91.3%$16M$180,534
FY2020 ⓘ$14M$13M90.0%$13M$178,804

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b19 · 19 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 556

Private foundation grants it received

19 private foundations reported grants to Chesapeake Bay Trust totaling $547K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Chesapeake Bay Trust's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Chesapeake Bay Trust, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All unclassified charities · Largest charities in Maryland

Questions people ask

How much of Chesapeake Bay Trust's spending goes to programs?

In the fiscal year ending June 30, 2025, Chesapeake Bay Trust reported that 94.5% of its $32.8 million in expenses went to program services, 2.9% to management and general and 2.6% to fundraising (Form 990, Part IX).

How much does Chesapeake Bay Trust pay its top executive?

The largest total compensation Chesapeake Bay Trust reported for one person in the fiscal year ending June 30, 2025 was $216,059, for the role of PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Chesapeake Bay Trust get its money?

Of $36.0 million in revenue in the fiscal year ending June 30, 2025, 95.0% came from contributions and grants (including 73.0% from government grants) and 0.0% from program service revenue (Form 990, Part VIII).

Is Chesapeake Bay Trust a registered charity?

The IRS lists EIN 52-1454182 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202620619349300122 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202433309349301163 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202323219349301502 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202223059349301827 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202113089349300611 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202033259349301503 · read the filing

All filings for EIN 52-1454182: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.