Boston Farms Community Land Trust Inc

Analysis

Boston Farms Community Land Trust Inc is a registered charity in United States, based in Roxbury, MA. It received its IRS tax-exemption ruling in May 2019, 7 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 December 2022, Boston Farms Community Land Trust Inc reported income of $375k and spending of $419k, spending 112% of what it took in. Across the 2 years on record, from December 2021 to December 2022, income grew from $348k to $375k (+7.6%), an average of +7.6% a year. Over the whole period it spent 85% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Boston Farms Community Land Trust Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 67th percentile within MA. Charities of a similar size with the same main cause include Edison Neighborhood Association Inc ($375k), National Asphalt Pavement Association Research and Education ($375k) and Globalpittsburgh ($375k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 85% of the total. Compensation of current officers, directors and key employees was $89k (21% of expenses). Other salaries and wages came to $114k. At year end it held assets of $236k against liabilities of $0, net assets of $236k. It reported 7 employees.