24 1 Community Land Trust

Analysis

24 1 Community Land Trust is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in July 2011, 15 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, 24 1 Community Land Trust reported income of $1.1m and spending of $1.8m, spending 159% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.1m to $1.1m (-72%), an average of -28% a year. The sharpest change came in the year to December 2021, when income rose by 363%. Over the whole period it spent 151% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, 24 1 Community Land Trust sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 79th percentile within MO. Charities of a similar size with the same main cause include Columbia Park Manor ($1.1m), Happy Landings Homes Inc ($1.1m) and Bridging Families to Communities and Beyond ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.9% and program service revenue 79% of the total. Other salaries and wages came to $286k. At year end it held assets of $27.3m against liabilities of $3.0m, net assets of $24.3m.