Oakland Community Land Trust

Analysis

Oakland Community Land Trust is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in April 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Oakland Community Land Trust reported income of $2.7m and spending of $2.1m, leaving 22% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $833k to $2.7m (+227%), an average of +34% a year. The sharpest change came in the year to June 2020, when income rose by 188%. Over the whole period it spent 50% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Oakland Community Land Trust sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include Longfellow Avenue Housing Development Fund Co Inc ($2.7m), Partners in Hope Inc ($2.7m) and Skagit Valley Hospitality House Association ($2.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 67% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $138k (6.5% of expenses). Other salaries and wages came to $344k. At year end it held assets of $20.6m against liabilities of $10.2m, net assets of $10.4m. It reported 9 employees.