FB Community Land Trust Inc

Analysis

FB Community Land Trust Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in April 2018, 8 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 June 2023, FB Community Land Trust Inc reported income of $187k and spending of $215k, spending 115% of what it took in. The sharpest change came in the year to June 2022, when income rose by 1024%. Over the whole period it spent 98% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, FB Community Land Trust Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within NY. Charities of a similar size with the same main cause include Metro Bicycle Coalition of New Orleans ($187k), Junior League of Tallahassee Inc ($187k) and Tiger Point Park Board Inc ($187k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% and program service revenue 6.9% of the total. At year end it held assets of $629k against liabilities of $206k, net assets of $423k.