Lopez Community Land Trust

Analysis

Lopez Community Land Trust is a registered charity in United States, based in Lopez Island, WA. It received its IRS tax-exemption ruling in August 1996, 30 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, Lopez Community Land Trust reported income of $1.2m and spending of $497k, leaving 60% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.9m to $1.2m (-35%), an average of -10% a year. The sharpest change came in the year to December 2023, when income rose by 60%. Over the whole period it spent 45% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Lopez Community Land Trust sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within WA. Charities of a similar size with the same main cause include Poco Way HDC Inc ($1.2m), Model Cities Properties ($1.2m) and Franciscan Communities Inc II ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 9.9% of the total. Other salaries and wages came to $186k. At year end it held assets of $8.8m against liabilities of $1.1m, net assets of $7.8m. It reported 9 employees.