National Community Stabilization Trust LLC

Analysis

National Community Stabilization Trust LLC is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in September 2009, 17 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, National Community Stabilization Trust LLC reported income of $2.1m and spending of $2.7m, spending 129% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.7m to $2.1m (-55%), an average of -18% a year. The sharpest change came in the year to December 2022, when income dropped by 48%. Over the whole period it spent 109% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, National Community Stabilization Trust LLC 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 86th percentile, and in the 67th percentile within DC. Charities of a similar size with the same main cause include Clinton Hill Community Apartments ($2.1m), Southlake Tri-City Rba Corp ($2.1m) and Tuscan Brotherhood Homes II ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $571k (21% of expenses). Other salaries and wages came to $856k. At year end it held assets of $2.2m against liabilities of $853k, net assets of $1.3m. It reported 13 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.