Beverly-Vermont Community Land Trust

Analysis

Beverly-Vermont Community Land Trust is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in November 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, Beverly-Vermont Community Land Trust reported income of $787k and spending of $589k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $83k to $787k (+845%), an average of +75% a year. The sharpest change came in the year to December 2021, when income rose by 4461%. Over the whole period it spent 31% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Beverly-Vermont Community Land Trust sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 78th percentile within CA. Charities of a similar size with the same main cause include Beacon Senior Housing Corp ($786k), Pccoa Housing Authority ($787k) and Corporacion Para El Desarrollo Economico de Trujillo Alto ($786k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 6.6% of the total. Compensation of current officers, directors and key employees was $181k (31% of expenses). Other salaries and wages came to $29k. At year end it held assets of $5.6m against liabilities of $707k, net assets of $4.9m. It reported 3 employees.