Kosciusko Development Land Trust Inc

Analysis

Kosciusko Development Land Trust Inc is a registered charity in United States, based in Warsaw, IN. It received its IRS tax-exemption ruling in November 2020, 6 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Kosciusko Development Land Trust Inc reported income of $80k and spending of $2.0m, spending 2502% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $2.0m to $80k (-96%), an average of -80% a year. The sharpest change came in the year to December 2023, when income dropped by 89%. Over the whole period it spent 73% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Kosciusko Development Land Trust Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 28th percentile within IN. Charities of a similar size with the same main cause include Kiwanis Foundation of Roanoke ($80k), Meeting Professionals International ($80k) and Junior Welfare League of Holland Mich ($80k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $2.7m against liabilities of $1.9m, net assets of $762k.