Fideicomiso Comunitario Tierra Libre

Analysis

Fideicomiso Comunitario Tierra Libre is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in April 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, Fideicomiso Comunitario Tierra Libre reported income of $595k and spending of $308k, leaving 48% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $395k to $595k (+51%), an average of +23% a year. The sharpest change came in the year to December 2022, when income rose by 31%. Over the whole period it spent 43% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Fideicomiso Comunitario Tierra Libre 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 73rd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include Ann Tubbs Housing for the Handicapped Inc ($595k), Ahepa 310-X Inc ($595k) and Skyline Lodge Inc ($595k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $147k (48% of expenses). Other salaries and wages came to $63k. At year end it held assets of $920k against liabilities of $1,925, net assets of $918k. It reported 3 employees.