Marin City Community Land Corporation

Analysis

Marin City Community Land Corporation is a registered charity in United States, based in Sausalito, CA. It received its IRS tax-exemption ruling in May 1992, 34 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Marin City Community Land Corporation reported income of $470k and spending of $470k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $384k to $470k (+23%), an average of +5.2% a year. The sharpest change came in the year to December 2021, when income rose by 25%. Over the whole period it spent 100% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Marin City Community Land Corporation sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include Luther Crest Inc ($470k), Denton Green Housing Company Inc ($471k) and Serenity Apartments Inc ($470k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $11.3m against liabilities of $0, net assets of $11.3m.