Stevenson Land Corporation

Analysis

Stevenson Land Corporation is a registered charity in United States, based in Hayward, CA. It received its IRS tax-exemption ruling in February 2001, 25 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Stevenson Land Corporation reported income of $142k and spending of $1.2m, spending 851% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $126k to $142k (+13%), an average of +3.1% a year. Over the whole period it spent 183% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Stevenson Land Corporation sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 48th percentile within CA. Charities of a similar size with the same main cause include Mercy-Phs Senior Housing ($142k), Freedom Housing Corporation ($142k) and Santas Community Apartments Inc ($142k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.1% and program service revenue 98% of the total. At year end it held assets of $3.8m against liabilities of $3.3m, net assets of $521k.