State College Community Land Trust Inc

Analysis

State College Community Land Trust Inc is a registered charity in United States, based in State College, PA. It received its IRS tax-exemption ruling in March 1997, 29 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, State College Community Land Trust Inc reported income of $462k and spending of $308k, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $475k to $462k (-2.8%), an average of -0.7% a year. The sharpest change came in the year to December 2021, when income rose by 112%. Over the whole period it spent 75% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, State College Community Land Trust Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 67th percentile within PA. Charities of a similar size with the same main cause include Northwestern Retirement Housing ($462k), Inner City Recovery Homes International ($463k) and Curwensville Housing Corporation ($462k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 4.2% of the total. Compensation of current officers, directors and key employees was $55k (18% of expenses). Other salaries and wages came to $50k. At year end it held assets of $2.5m against liabilities of $890k, net assets of $1.6m. It reported 4 employees.