Community First Land Trust

Analysis

Community First Land Trust is a registered charity in United States, based in N Charleston, SC. It received its IRS tax-exemption ruling in February 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Community First Land Trust reported income of $145k and spending of $250k, spending 172% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $206k to $145k (-29%), an average of -29% a year. The sharpest change came in the year to December 2023, when income dropped by 29%. Over the whole period it spent 71% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Community First Land Trust sits at the 31st 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 52nd percentile within SC. Charities of a similar size with the same main cause include Villa Saint Andrews Community Association ($145k), Cha Community Support Corporation ($145k) and Fort Hill Avenue Inc ($145k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $102k (41% of expenses). At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 2 employees.