Essex Community Land Trust Inc

Analysis

Essex Community Land Trust Inc is a registered charity in United States, based in East Orange, NJ. It received its IRS tax-exemption ruling in September 2013, 13 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, Essex Community Land Trust Inc reported income of $137k and spending of $90k, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $365k to $137k (-62%), an average of -22% a year. The sharpest change came in the year to December 2021, when income rose by 160%. Over the whole period it spent 62% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Essex Community Land Trust Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 53rd percentile within NJ. Charities of a similar size with the same main cause include Providence-Brown Street Housing Development Fund Corporation ($137k), A & E Association Inc ($137k) and Dutchess Community Living Corporati on ($137k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 2.8% of the total. At year end it held assets of $767k against liabilities of $1,825, net assets of $765k.