Centre County Housing and Landtrust

Analysis

Centre County Housing and Landtrust is a registered charity in United States, based in Bellefonte, PA. It received its IRS tax-exemption ruling in June 2008, 18 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, Centre County Housing and Landtrust reported income of $101k and spending of $38k, leaving 62% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $49k to $101k (+108%), an average of +108% a year. The sharpest change came in the year to December 2023, when income rose by 108%. Over the whole period it spent 50% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Centre County Housing and Landtrust sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 35th percentile within PA. Charities of a similar size with the same main cause include Nexus for Affordable Housing Inc ($101k), Dr Tom Richards Center Inc ($102k) and Atlantic County Ilc Inc ($101k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 12% of the total. At year end it held assets of $253k against liabilities of $2,722, net assets of $250k.