Kingston City Land Bank
EIN: 830542587 · Kingston, NY · NTEE: L80
| Metric | Value |
|---|---|
| Total Revenue | $4.0M |
| Total Expenses | $646K |
| Net Assets | $3.0M |
Is Kingston City Land Bank Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Kingston City Land Bank
Kingston City Land Bank (EIN: 830542587) is a nonprofit organization based in Kingston, NY, classified under NTEE code L80. The organization reported total revenue of $4.0M and total assets of $5.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kingston City Land Bank's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kingston City Land Bank is a mid-size nonprofit that has been operating for 6 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 11.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $646K |
| Surplus / Deficit | +$497K |
| Total Assets | $3.0M |
| Total Liabilities | $29K |
| Net Assets | $3.0M |
| Operating Margin | 43.5% |
| Debt-to-Asset Ratio | 1.0% |
| Months of Reserves | 55.5 months |
Financial Health Grade: A
In 2023, Kingston City Land Bank reported a surplus of $497K with revenue exceeding expenses, holds 55.5 months of operating reserves (strong position), has a debt-to-asset ratio of 1.0% (very low leverage).
Financial Trends
Over 4 years of filings (2020–2023), Kingston City Land Bank's revenue has grown at a compound annual growth rate (CAGR) of 11.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -21.5% | +30.5% | +20.4% |
| 2022 | -12.0% | +21.3% | +28.8% |
| 2021 | +100.8% | -28.7% | +142.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Kingston City Land Bank has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Kingston City Land Bank with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $497K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.0%.
Frequently Asked Questions about Kingston City Land Bank
Is Kingston City Land Bank a legitimate charity?
Based on AI analysis of IRS 990 filings, Kingston City Land Bank (EIN: 830542587) insufficient data. 0 red flags identified, 0 strengths noted.
How does Kingston City Land Bank spend its money?
Detailed spending breakdown data is not yet available for Kingston City Land Bank. Check back for updated IRS 990 analysis.
Are donations to Kingston City Land Bank tax-deductible?
Kingston City Land Bank is registered as a tax-exempt nonprofit (EIN: 830542587). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Kingston City Land Bank located?
Kingston City Land Bank is headquartered in Kingston, New York and files with the IRS under EIN 830542587. It is classified under NTEE code L80.
How many years of IRS 990 filings does Kingston City Land Bank have?
Kingston City Land Bank has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $4.0M in total revenue.
Filing History
IRS 990 filing history for Kingston City Land Bank showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Kingston City Land Bank's revenue has grown by 38.7%, moving from $824K to $1.1M. Total assets increased by 275.8% over the same period, from $794K to $3.0M. Total functional expenses rose by 12.9%, from $572K to $646K. In its most recent filing year (2023), Kingston City Land Bank reported a surplus of $497K, with revenue exceeding expenses. The organization holds $29K in liabilities against $3.0M in assets (debt-to-asset ratio: 1.0%), resulting in net assets of $3.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $646K | $3.0M | $29K | — | View 990 |
| 2022 | $1.5M | $495K | $2.5M | $21K | — | — |
| 2021 | $1.7M | $408K | $1.9M | $427K | — | View 990 |
| 2020 | $824K | $572K | $794K | $542K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $646K, and assets of $3.0M (revenue -21.5% year-over-year).
- 2022: Revenue of $1.5M, expenses of $495K, and assets of $2.5M (revenue -12.0% year-over-year).
- 2021: Revenue of $1.7M, expenses of $408K, and assets of $1.9M (revenue +100.8% year-over-year).
- 2020: Revenue of $824K, expenses of $572K, and assets of $794K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kingston City Land Bank:
Data Sources and Methodology
This transparency report for Kingston City Land Bank 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.