Thurston Housing Land Trust

Analysis

Thurston Housing Land Trust is a registered charity in United States, based in Olympia, WA. It received its IRS tax-exemption ruling in June 2019, 7 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, Thurston Housing Land Trust reported income of $257k and spending of $200k, leaving 22% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $25k to $257k (+948%), an average of +119% a year. The sharpest change came in the year to December 2022, when income rose by 211%. Over the whole period it spent 58% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Thurston Housing Land Trust sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within WA. Charities of a similar size with the same main cause include Housing Authority of Olive Hill Kentucky Inc ($257k), Habitat for Humanity International Inc ($257k) and Willow Tree Apartments Inc ($257k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.1% of the total. At year end it held assets of $234k against liabilities of $0, net assets of $234k.