Community Housing Land Trust Of Ri Inc
Community Housing Land Trust Of Ri Inc maintains strong assets and low liabilities, with fluctuating but generally stable revenue and no officer compensation.
EIN: 202274492 · Warwick, RI · NTEE: T31 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $71K |
| Total Expenses | $80K |
| Program Spending | 90% |
| Net Assets | $910K |
| Transparency Score | 85/100 |
Is Community Housing Land Trust Of Ri Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Community Housing Land Trust Of Ri Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Community Housing Land Trust Of Ri Inc
Community Housing Land Trust Of Ri Inc (EIN: 202274492) is a nonprofit organization based in Warwick, RI, classified under NTEE code T31. The organization reported total revenue of $71K and total assets of $921K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Community Housing Land Trust Of Ri Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Community Housing Land Trust Of Ri Inc is a micro nonprofit that has been operating for 19 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -0.3%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $71K |
| Total Expenses | $80K |
| Surplus / Deficit | $-8,256 |
| Total Assets | $921K |
| Total Liabilities | $11K |
| Net Assets | $910K |
| Operating Margin | -11.6% |
| Debt-to-Asset Ratio | 1.2% |
| Months of Reserves | 138.7 months |
Financial Health Grade: B
In 2024, Community Housing Land Trust Of Ri Inc reported a deficit of $8K with expenses exceeding revenue, holds 138.7 months of operating reserves (strong position), has a debt-to-asset ratio of 1.2% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Community Housing Land Trust Of Ri Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -26.4% | +8.4% | +0.2% |
| 2023 | +68.4% | +4.2% | +2.4% |
| 2022 | -51.0% | +13.7% | -1.5% |
| 2021 | +48.5% | +24.6% | +3.5% |
| 2020 | +71.0% | +35.9% | +6.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Community Housing Land Trust Of Ri Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Community Housing Land Trust Of Ri Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $8K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.2%.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that its leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is highly favorable for resource allocation.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Community Housing Land Trust Of Ri Inc's IRS 990 filings:
- Expenses exceeded revenue in the most recent filing period (202406), indicating a potential deficit for that year.
Strengths
The following positive indicators were identified for Community Housing Land Trust Of Ri Inc:
- Consistent growth in assets, reaching $920,645 in 2024.
- Zero officer compensation reported across all filings, indicating efficient use of funds.
- Very low liabilities relative to assets, demonstrating strong financial health.
- Long history of IRS 990 filings (14 filings), suggesting consistent operation and transparency.
Frequently Asked Questions about Community Housing Land Trust Of Ri Inc
Is Community Housing Land Trust Of Ri Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Community Housing Land Trust Of Ri Inc (EIN: 202274492) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Community Housing Land Trust Of Ri Inc spend its money?
Community Housing Land Trust Of Ri Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Community Housing Land Trust Of Ri Inc tax-deductible?
Community Housing Land Trust Of Ri Inc is registered as a tax-exempt nonprofit (EIN: 202274492). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Community Housing Land Trust Of Ri Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Community Housing Land Trust Of Ri Inc is above average for NTEE category T31 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Community Housing Land Trust Of Ri Inc located?
Community Housing Land Trust Of Ri Inc is headquartered in Warwick, Rhode Island and files with the IRS under EIN 202274492. It is classified under NTEE code T31.
How many years of IRS 990 filings does Community Housing Land Trust Of Ri Inc have?
Community Housing Land Trust Of Ri Inc has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $71K in total revenue.
Is Community Housing Land Trust Of Ri Inc a good charity?
Based on the provided data, Community Housing Land Trust Of Ri Inc appears to be a good charity. It demonstrates strong financial health with growing assets ($920,645 in 2024), very low liabilities ($11,030 in 2024), and a commitment to not paying officer compensation, suggesting a high percentage of funds go directly to its mission.
How has the organization's financial stability changed over time?
The organization's financial stability has generally improved over time, with assets growing from $777,077 in 2015 to $920,645 in 2024. Liabilities have remained consistently low, indicating a strong balance sheet.
What is the trend in revenue versus expenses?
Revenue has fluctuated significantly, from a low of $42,016 in 2015 to a high of $117,630 in 2021. Expenses have generally been lower than revenue in most years, leading to surpluses, though the latest period (202406) shows expenses ($79,670) slightly exceeding revenue ($71,414).
Filing History
IRS 990 filing history for Community Housing Land Trust Of Ri Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Community Housing Land Trust Of Ri Inc's revenue has declined by 3.8%, moving from $74K to $71K. Total assets increased by 258.5% over the same period, from $257K to $921K. Total functional expenses fell by 25.1%, from $106K to $80K. In its most recent filing year (2024), Community Housing Land Trust Of Ri Inc reported a deficit of $8K, with expenses exceeding revenue. The organization holds $11K in liabilities against $921K in assets (debt-to-asset ratio: 1.2%), resulting in net assets of $910K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $71K | $80K | $921K | $11K | — | — |
| 2023 | $97K | $73K | $919K | $757 | — | — |
| 2022 | $58K | $71K | $897K | $3K | — | View 990 |
| 2021 | $118K | $62K | $910K | $3K | — | — |
| 2020 | $79K | $50K | $880K | $28K | — | — |
| 2019 | $46K | $37K | $823K | $1K | — | View 990 |
| 2018 | $53K | $35K | $813K | $880 | — | View 990 |
| 2017 | $49K | $46K | $801K | $6K | — | View 990 |
| 2016 | $61K | $44K | $802K | $9K | — | View 990 |
| 2015 | $42K | $39K | $777K | $2K | — | View 990 |
| 2014 | $94K | $66K | $797K | $25K | — | View 990 |
| 2013 | $78K | $110K | $776K | $33K | — | View 990 |
| 2012 | $60K | $104K | $776K | $1K | — | View 990 |
| 2011 | $74K | $106K | $257K | $8K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $71K, expenses of $80K, and assets of $921K (revenue -26.4% year-over-year).
- 2023: Revenue of $97K, expenses of $73K, and assets of $919K (revenue +68.4% year-over-year).
- 2022: Revenue of $58K, expenses of $71K, and assets of $897K (revenue -51.0% year-over-year).
- 2021: Revenue of $118K, expenses of $62K, and assets of $910K (revenue +48.5% year-over-year).
- 2020: Revenue of $79K, expenses of $50K, and assets of $880K (revenue +71.0% year-over-year).
- 2019: Revenue of $46K, expenses of $37K, and assets of $823K (revenue -12.1% year-over-year).
- 2018: Revenue of $53K, expenses of $35K, and assets of $813K (revenue +8.4% year-over-year).
- 2017: Revenue of $49K, expenses of $46K, and assets of $801K (revenue -20.7% year-over-year).
- 2016: Revenue of $61K, expenses of $44K, and assets of $802K (revenue +45.8% year-over-year).
- 2015: Revenue of $42K, expenses of $39K, and assets of $777K (revenue -55.3% year-over-year).
- 2014: Revenue of $94K, expenses of $66K, and assets of $797K (revenue +20.1% year-over-year).
- 2013: Revenue of $78K, expenses of $110K, and assets of $776K (revenue +31.3% year-over-year).
- 2012: Revenue of $60K, expenses of $104K, and assets of $776K (revenue -19.6% year-over-year).
- 2011: Revenue of $74K, expenses of $106K, and assets of $257K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Community Housing Land Trust Of Ri Inc:
Data Sources and Methodology
This transparency report for Community Housing Land Trust Of Ri Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.