Bartlett Place Land Inc

Analysis

Bartlett Place Land Inc is a registered charity in United States, based in Roxbury, MA. It received its IRS tax-exemption ruling in November 2011, 15 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bartlett Place Land Inc reported income of $4.4m and spending of $3.3m, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $622k to $4.4m (+599%), an average of +63% a year. The sharpest change came in the year to December 2022, when income rose by 564%. Over the whole period it spent 106% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Bartlett Place Land Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within MA. Charities of a similar size with the same main cause include University District Service Fund ($4.3m), Dannon Project ($4.4m) and Carver-Hennepin Options for Innovative Community Employment ($4.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 25% of the total. At year end it held assets of $24.1m against liabilities of $23.0m, net assets of $1.1m.