HDF Community Land Trust Inc

Analysis

HDF Community Land Trust Inc is a registered charity in United States, based in Stamford, CT. It received its IRS tax-exemption ruling in June 2021, 5 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, HDF Community Land Trust Inc reported income of $181k and spending of $21k, leaving 88% of income unspent that year. Across the 3 years on record, from June 2021 to June 2023, income fell from $856k to $181k (-79%), an average of -54% a year. The sharpest change came in the year to June 2023, when income rose by 4531525%. Over the whole period it spent 8.9% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, HDF Community Land Trust Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 49th percentile within CT. Charities of a similar size with the same main cause include LA Casa Village II Inc ($181k), Gracious Hands Transitional Housing for Women and Children ($181k) and Scottsville Housing for the Elderly Inc ($181k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1742% and program service revenue 11% of the total. At year end it held assets of $552k against liabilities of $622k, net assets of -$70k.