Philadelphia Community Land Trust

Analysis

Philadelphia Community Land Trust is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in October 2022, 4 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, Philadelphia Community Land Trust reported income of $93k and spending of $47k, leaving 50% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $3,933 to $93k (+2254%), an average of +2254% a year. The sharpest change came in the year to December 2023, when income rose by 2254%. Over the whole period it spent 59% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Philadelphia Community Land Trust sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 33rd percentile within PA. Charities of a similar size with the same main cause include Light of Life Support Corporation ($93k), TG 105 Inc ($93k) and Farm in the Dell Rocky Mountain Front Inc ($93k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 31% of the total. At year end it held assets of $246k against liabilities of $264, net assets of $246k.