Tierra Contenta Corporation

Analysis

Tierra Contenta Corporation is a registered charity in United States, based in Santa Fe, NM. It received its IRS tax-exemption ruling in January 1994, 32 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, Tierra Contenta Corporation reported income of $704k and spending of $450k, leaving 36% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $148k to $704k (+374%), an average of +48% a year. The sharpest change came in the year to December 2021, when income rose by 87928%. Over the whole period it spent 33% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Tierra Contenta Corporation sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within NM. Charities of a similar size with the same main cause include Ecorse Non-Profit Housing Corp ($703k), Independent Support Systems Inc ($704k) and Baby Steps ($703k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $6.8m against liabilities of $2.1m, net assets of $4.7m.