Central Ohio Community Land Trust

Analysis

Central Ohio Community Land Trust is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in July 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Central Ohio Community Land Trust reported income of $12.0m and spending of $13.6m, spending 113% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $7.2m to $12.0m (+67%), an average of +19% a year. The sharpest change came in the year to December 2022, when income rose by 113%. Over the whole period it spent 97% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Central Ohio Community Land Trust sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within OH. Charities of a similar size with the same main cause include Kaweah Management Company ($12.0m), Housing Opportunity Corporation ($12.0m) and Alameda County Homeless Action Center ($11.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 44% of the total. At year end it held assets of $5.9m against liabilities of $2.8m, net assets of $3.1m.