Sawmill Community Land Trust

Analysis

Sawmill Community Land Trust is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in November 1996, 30 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, Sawmill Community Land Trust reported income of $330k and spending of $451k, spending 137% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $436k to $330k (-24%), an average of -6.7% a year. The sharpest change came in the year to December 2020, when income dropped by 61%. Over the whole period it spent 124% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Sawmill Community Land Trust sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 61st percentile within NM. Charities of a similar size with the same main cause include Edgewood Village Inc ($330k), Biscayne Senior Housing Inc ($330k) and Clermont Housing Corporation ($330k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $76k (17% of expenses). Other salaries and wages came to $86k. At year end it held assets of $9.9m against liabilities of $2.8m, net assets of $7.2m. It reported 5 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.