Dwelling Place Regional Community Land Trust

Analysis

Dwelling Place Regional Community Land Trust is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in May 2021, 5 years ago. 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, Dwelling Place Regional Community Land Trust reported income of $67k and spending of $242k, spending 361% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $133k to $67k (-50%), an average of -20% a year. The sharpest change came in the year to December 2021, when income rose by 341%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Dwelling Place Regional Community Land Trust sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 26th percentile within MI. Charities of a similar size with the same main cause include Casa Guadalupe ($67k), Brooklyn Heights Music Society Inc ($67k) and Friends of the Marblehead Council on Aging Inc ($67k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 16% of the total. At year end it held assets of $3.5m against liabilities of $3.3m, net assets of $172k.