Southern Pines Land & Housing Trust Inc

Analysis

Southern Pines Land & Housing Trust Inc is a registered charity in United States, based in Southern Pnes, NC. It received its IRS tax-exemption ruling in November 2010, 16 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, Southern Pines Land & Housing Trust Inc reported income of $555k and spending of $372k, leaving 33% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $733k to $555k (-24%), an average of -13% a year. The sharpest change came in the year to December 2023, when income rose by 126%. Over the whole period it spent 40% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Southern Pines Land & Housing Trust Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within NC. Charities of a similar size with the same main cause include Christian Housing Mesa Inc ($555k), Heart to Heart Housing ($555k) and Alternative Living Concepts Inc ($555k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $55k (15% of expenses). At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m.