South Bay Community Land Trust

Analysis

South Bay Community Land Trust is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in September 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 (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, South Bay Community Land Trust reported income of $596k and spending of $583k, spending 98% of its income. Across the 2 years on record, from June 2022 to June 2023, income fell from $837k to $596k (-29%), an average of -29% a year. The sharpest change came in the year to June 2023, when income dropped by 29%. Over the whole period it spent 53% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, South Bay Community Land Trust sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include Magdalene Serenity House Inc ($596k), Every Campus a Refuge ($596k) and Piedmont Community Land Trust ($596k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 2.3% of the total. Compensation of current officers, directors and key employees was $92k (16% of expenses). Other salaries and wages came to $264k. At year end it held assets of $747k against liabilities of $4,366, net assets of $743k. It reported 6 employees.