Jacksonville Community Land Trust Inc

Analysis

Jacksonville Community Land Trust Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in February 2023, 3 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, Jacksonville Community Land Trust Inc reported income of $424k and spending of $257k, leaving 39% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $250k to $424k (+70%), an average of +70% a year. The sharpest change came in the year to December 2023, when income rose by 70%. Over the whole period it spent 69% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Jacksonville Community Land Trust Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within FL. Charities of a similar size with the same main cause include Ahepa 78 Phase V Inc ($424k), Potters House Mission ($424k) and Volunteers of America Inc ($423k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $118k (46% of expenses). Other salaries and wages came to $23k. At year end it held assets of $503k against liabilities of $295k, net assets of $208k. It reported 2 employees.