Boston Neighborhood Community Land Trust Inc

Analysis

Boston Neighborhood Community Land Trust Inc is a registered charity in United States, based in Roxbury, MA. It received its IRS tax-exemption ruling in January 2015, 11 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 June 2023, Boston Neighborhood Community Land Trust Inc reported income of $1.3m and spending of $938k, leaving 27% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $390k to $1.3m (+228%), an average of +34% a year. The sharpest change came in the year to June 2020, when income rose by 207%. Over the whole period it spent 74% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Boston Neighborhood Community Land Trust Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within MA. Charities of a similar size with the same main cause include Lha Enterprise Development Inc ($1.3m), Sasco Creek Development Corporation ($1.3m) and Assisted Living Center Inc ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 30% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $96k (10% of expenses). Other salaries and wages came to $217k. At year end it held assets of $11.0m against liabilities of $8.3m, net assets of $2.7m. It reported 2 employees.