Raleigh Area Land Trust

Analysis

Raleigh Area Land Trust is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in September 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, Raleigh Area Land Trust reported income of $712k and spending of $95k, leaving 87% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $372k to $712k (+91%), an average of +38% a year. The sharpest change came in the year to December 2023, when income rose by 100%. Over the whole period it spent 11% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Raleigh Area Land Trust sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within NC. Charities of a similar size with the same main cause include House of Hope ($711k), Consortium for Housing and Asset Management Inc ($712k) and Evergreen Commons Inc ($711k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $1.5m against liabilities of $137k, net assets of $1.4m.