Two Rivers Community Land Trust

Analysis

Two Rivers Community Land Trust is a registered charity in United States, based in Woodbury, MN. It received its IRS tax-exemption ruling in July 2000, 26 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, Two Rivers Community Land Trust reported income of $849k and spending of $828k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $647k to $849k (+31%), an average of +7.0% a year. The sharpest change came in the year to December 2022, when income rose by 63%. Over the whole period it spent 91% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Two Rivers Community Land Trust sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within MN. Charities of a similar size with the same main cause include Sustainable Water Energy and Economic Transition in Alabama ($848k), Palm Village Senior Housing Corp ($849k) and Rebuilding Together Greater Dallas Inc ($847k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $102k (12% of expenses). Other salaries and wages came to $25k. At year end it held assets of $4.3m against liabilities of $1.4m, net assets of $2.9m. It reported 3 employees.