Chinatown Community Land Trust Inc

Analysis

Chinatown Community Land Trust Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in October 2015, 11 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Chinatown Community Land Trust Inc reported income of $581k and spending of $635k, spending 109% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $420k to $581k (+39%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 144%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Chinatown Community Land Trust Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within MA. Charities of a similar size with the same main cause include Jamestown Arts Center ($581k), Somerville Historical Society ($582k) and Dream Dare to Revitalize Education Thru Arts & Mediation Inc ($581k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% and program service revenue 7.2% of the total. Compensation of current officers, directors and key employees was $67k (11% of expenses). Other salaries and wages came to $73k. At year end it held assets of $945k against liabilities of $50k, net assets of $895k. It reported 2 employees.