Bolinas Community Land Trust Inc

Analysis

Bolinas Community Land Trust Inc is a registered charity in United States, based in Bolinas, CA. It received its IRS tax-exemption ruling in March 1984, 42 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 2022, Bolinas Community Land Trust Inc reported income of $3.1m and spending of $1.3m, leaving 60% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $2.5m to $3.1m (+25%), an average of +7.7% a year. The sharpest change came in the year to December 2022, when income rose by 164%. Over the whole period it spent 40% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Bolinas Community Land Trust Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include Friendship House III Inc ($3.1m), Benning Park Neighborhood Associati on ($3.1m) and Coney Island Site Nine Houses Inc ($3.1m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 81% and program service revenue 15% of the total. Other salaries and wages came to $326k. At year end it held assets of $15.0m against liabilities of $5.6m, net assets of $9.5m. It reported 11 employees.