Land Is Life Inc

Analysis

Land Is Life Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 1991, 35 years ago. 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, Land Is Life Inc reported income of $2.6m and spending of $5.2m, spending 198% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $2.6m (+44%), an average of +9.6% a year. The sharpest change came in the year to December 2020, when income rose by 159%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Land Is Life Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 85th percentile within NY. Charities of a similar size with the same main cause include New Mexico Community Development Loan Fund ($2.6m), Policy Project ($2.6m) and Youth Job Center Inc ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $76k (1.4% of expenses). Other salaries and wages came to $125k. At year end it held assets of $2.0m against liabilities of $1.2m, net assets of $756k. It reported 3 employees.