Inland Equity Community Land Trust

Analysis

Inland Equity Community Land Trust is a registered charity in United States, based in Palm Desert, CA. It received its IRS tax-exemption ruling in May 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Inland Equity Community Land Trust reported income of $1.2m and spending of $235k, leaving 80% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $176k to $1.2m (+581%), an average of +161% a year. The sharpest change came in the year to December 2023, when income rose by 337%. Over the whole period it spent 35% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Inland Equity Community Land Trust sits at the 75th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include T a P Inc ($1.2m), Napa Housing Foundation ($1.2m) and Morton County Housing Corporation ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $95k (40% of expenses). Other salaries and wages came to $42k. At year end it held assets of $1.1m against liabilities of $101k, net assets of $1.0m. It reported 3 employees.