Hannibal Square Community Land Trust Inc

Analysis

Hannibal Square Community Land Trust Inc is a registered charity in United States, based in Winter Park, FL. It received its IRS tax-exemption ruling in May 2005, 21 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 2022, Hannibal Square Community Land Trust Inc reported income of $983k and spending of $544k, leaving 45% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $42k to $983k (+2242%), an average of +186% a year. The sharpest change came in the year to December 2021, when income rose by 241%. Over the whole period it spent 107% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Hannibal Square Community Land Trust Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within FL. Charities of a similar size with the same main cause include Green Hills Womens Shelter ($982k), Men of Men Inc ($983k) and Timber Ridge Apartments Inc ($982k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 11% and program service revenue 86% of the total. Other salaries and wages came to $139k. At year end it held assets of $5.2m against liabilities of $2.8m, net assets of $2.3m. It reported 2 employees.