BHP Community Land Trust Inc

Analysis

BHP Community Land Trust Inc is a registered charity in United States, based in Ft Lauderdale, FL. It received its IRS tax-exemption ruling in September 2006, 20 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 2023, BHP Community Land Trust Inc reported income of $1.5m and spending of $1.3m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.5m (+21%), an average of +4.9% a year. The sharpest change came in the year to December 2023, when income rose by 49%. Over the whole period it spent 99% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, BHP Community Land Trust Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within FL. Charities of a similar size with the same main cause include New Cassel Foundation Omaha Nebraska ($1.5m), Westcliffe Housing Foundation Inc ($1.5m) and North Dade Senior Citizens Housing Development Corporation Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 71% of the total. Other salaries and wages came to $403k. At year end it held assets of $22.1m against liabilities of $9.8m, net assets of $12.3m. It reported 2 employees.