Irvine Community Land Trust

Analysis

Irvine Community Land Trust is a registered charity in United States, based in Irvine, CA. It received its IRS tax-exemption ruling in February 2007, 19 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Irvine Community Land Trust reported income of $2.3m and spending of $800k, leaving 65% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income fell from $13.6m to $2.3m (-83%), an average of -36% a year. The sharpest change came in the year to June 2023, when income rose by 80%. Over the whole period it spent 33% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Irvine Community Land Trust sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include Montgomery Housing Partnership Inc ($2.3m), Kennedy Management Inc ($2.3m) and Park of the Palms Inc ($2.3m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 46% of the total. Compensation of current officers, directors and key employees was $285k (36% of expenses). At year end it held assets of $81.6m against liabilities of $64k, net assets of $81.6m. It reported 1 employees.