Liberty Community Land Trust

Analysis

Liberty Community Land Trust is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in March 2021, 5 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 June 2023, Liberty Community Land Trust reported income of $3.8m and spending of $3.8m, spending 99% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $823k to $3.8m (+364%), an average of +116% a year. The sharpest change came in the year to June 2022, when income rose by 121%. Over the whole period it spent 60% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Liberty Community Land Trust sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include Grandmas House of Hope ($3.8m), Choctaw Home Finance Corporation ($3.8m) and Brighton Beach Housing Development Fund Company Inc ($3.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $10.0m against liabilities of $10.0m, net assets of $0.