City Roots Community Land Trust Inc

Analysis

City Roots Community Land Trust Inc is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in August 2016, 10 years ago. 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, City Roots Community Land Trust Inc reported income of $134k and spending of $330k, spending 246% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $427k to $134k (-69%), an average of -32% a year. The sharpest change came in the year to December 2021, when income rose by 212%. Over the whole period it spent 57% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, City Roots Community Land Trust Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 43rd percentile within NY. Charities of a similar size with the same main cause include Catholic Art Institute Inc ($134k), Morocco Foundation ($134k) and Georgia Youth Science & Technology Center Inc ($134k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 40% of the total. Compensation of current officers, directors and key employees was $94k (29% of expenses). At year end it held assets of $1.0m against liabilities of $22k, net assets of $991k. It reported 3 employees.