Milwaukee Community Land Trust Ltd

Analysis

Milwaukee Community Land Trust Ltd is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in April 2017, 9 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, Milwaukee Community Land Trust Ltd reported income of $360k and spending of $204k, leaving 43% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $96k to $360k (+274%), an average of +94% a year. The sharpest change came in the year to December 2023, when income rose by 128%. Over the whole period it spent 60% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Milwaukee Community Land Trust Ltd sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within WI. Charities of a similar size with the same main cause include Tennessee Association of Housing & Redevelopment Authorities ($360k), Esperanza-39th Street Partners Corporation ($361k) and Advent Senior Housing Inc ($360k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Other salaries and wages came to $102k. At year end it held assets of $491k against liabilities of $236k, net assets of $255k. It reported 2 employees.