Cass Clay Community Land Trust

Analysis

Cass Clay Community Land Trust is a registered charity in United States, based in Fargo, ND. It received its IRS tax-exemption ruling in June 2020, 6 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, Cass Clay Community Land Trust reported income of $289k and spending of $664k, spending 230% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $1.1m to $289k (-73%), an average of -48% a year. The sharpest change came in the year to December 2023, when income dropped by 76%. Over the whole period it spent 56% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Cass Clay Community Land Trust sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 55th percentile within ND. Charities of a similar size with the same main cause include Neighborhood Housing Services of San Antonio Inc ($289k), Gaeda Revitalization Corporation ($289k) and Oak Meadows Community Association ($289k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 3.0% of the total. Compensation of current officers, directors and key employees was $107k (16% of expenses). Other salaries and wages came to $62k. At year end it held assets of $3.3m against liabilities of $2.3m, net assets of $1.1m. It reported 3 employees.