Rocky Mountain Community Land Trust

Analysis

Rocky Mountain Community Land Trust is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in July 1979, 47 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, Rocky Mountain Community Land Trust reported income of $3.0m and spending of $744k, leaving 75% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $896k to $3.0m (+229%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 91%. Over the whole period it spent 39% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Rocky Mountain Community Land Trust sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within CO. Charities of a similar size with the same main cause include Opportunities for Housing Resources and Assistance Inc ($3.0m), Veterans & Community Housing Coalition Inc ($3.0m) and Family Scholar House Inc ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 4.4% of the total. Compensation of current officers, directors and key employees was $135k (18% of expenses). Other salaries and wages came to $115k. At year end it held assets of $15.9m against liabilities of $5.1m, net assets of $10.8m. It reported 6 employees.