West Rehoboth Community Land Trust
West Rehoboth Community Land Trust maintains stable finances with no executive compensation and growing assets.
EIN: 202477568 · Rehoboth Bch, DE · NTEE: L20 · Updated: 2026-03-28
Is West Rehoboth Community Land Trust Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
West Rehoboth Community Land Trust directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About West Rehoboth Community Land Trust
West Rehoboth Community Land Trust (EIN: 202477568) is a nonprofit organization based in Rehoboth Bch, DE, classified under NTEE code L20. The organization reported total revenue of $43K and total assets of $669K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of West Rehoboth Community Land Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
West Rehoboth Community Land Trust is a micro nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -8.3%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $54K |
| Total Expenses | $45K |
| Surplus / Deficit | +$9K |
| Total Assets | $676K |
| Total Liabilities | $125K |
| Net Assets | $551K |
| Operating Margin | 16.4% |
| Debt-to-Asset Ratio | 18.5% |
| Months of Reserves | 179.9 months |
Financial Health Grade: A
In 2024, West Rehoboth Community Land Trust reported a surplus of $9K with revenue exceeding expenses, holds 179.9 months of operating reserves (strong position), has a debt-to-asset ratio of 18.5% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), West Rehoboth Community Land Trust's revenue has declined at a compound annual growth rate (CAGR) of -8.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +39.4% | +13.0% | +-0.0% |
| 2023 | -24.6% | -5.1% | -1.4% |
| 2022 | +9.8% | +27.1% | +0.1% |
| 2021 | +10.2% | -25.3% | +7.5% |
| 2020 | -59.3% | +1.1% | -1.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 West Rehoboth Community Land Trust with a Mission Score of 90 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: 85%
- fundraising: 5%
According to IRS 990 filings, West Rehoboth Community Land Trust allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 surplus of $9K, with revenue exceeding expenses.
- Debt-to-asset ratio: 18.5%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive salaries from the organization. This is highly unusual for an organization with assets of $675,761 and annual expenses, suggesting a volunteer-led or very lean operational model.
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 West Rehoboth Community Land Trust's IRS 990 filings:
- Relatively low revenue for an organization managing significant assets, potentially indicating reliance on non-cash contributions or specific grant cycles.
Strengths
The following positive indicators were identified for West Rehoboth Community Land Trust:
- Consistent 0% officer compensation, indicating high efficiency and dedication to mission.
- Steady growth in assets over the past decade, demonstrating financial stability and long-term planning.
- Consistent IRS 990 filing history, indicating strong transparency and compliance.
- Expenses generally well-managed relative to revenue, avoiding significant deficits.
- Clear focus on mission with resources directed away from administrative salaries.
Frequently Asked Questions about West Rehoboth Community Land Trust
Is West Rehoboth Community Land Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, West Rehoboth Community Land Trust (EIN: 202477568) some concerns. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
How does West Rehoboth Community Land Trust spend its money?
West Rehoboth Community Land Trust directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to West Rehoboth Community Land Trust tax-deductible?
West Rehoboth Community Land Trust is registered as a tax-exempt nonprofit (EIN: 202477568). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does West Rehoboth Community Land Trust fund its operations given 0% officer compensation?
The organization likely relies heavily on volunteer efforts for its leadership and administrative functions, allowing its modest revenues (e.g., $53,940 in 2024) to cover program-related expenses and asset management without needing to allocate funds for executive salaries.
What is the primary source of the organization's revenue?
While specific revenue sources are not detailed in the provided data, given its nature as a Community Land Trust and its NTEE code (Housing Development), revenue likely comes from grants, donations, and potentially ground lease fees or other income related to its land stewardship activities.
How does the organization manage to grow its assets with relatively low annual revenues?
The growth in assets from $450,654 in 2015 to $675,761 in 2024, despite modest annual revenues, suggests that a significant portion of its funding or in-kind contributions are directed towards asset acquisition or appreciation, rather than solely operational expenses. It could also indicate successful capital campaigns or endowments.
Filing History
IRS 990 filing history for West Rehoboth Community Land Trust showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), West Rehoboth Community Land Trust's revenue has declined by 64.5%, moving from $152K to $54K. Total assets increased by 216.7% over the same period, from $213K to $676K. Total functional expenses rose by 1121.9%, from $4K to $45K. In its most recent filing year (2024), West Rehoboth Community Land Trust reported a surplus of $9K, with revenue exceeding expenses. The organization holds $125K in liabilities against $676K in assets (debt-to-asset ratio: 18.5%), resulting in net assets of $551K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $54K | $45K | $676K | $125K | — | — |
| 2023 | $39K | $40K | $676K | $134K | — | View 990 |
| 2022 | $51K | $42K | $686K | $143K | — | — |
| 2021 | $47K | $33K | $685K | $151K | — | — |
| 2020 | $42K | $44K | $637K | $117K | — | View 990 |
| 2019 | $104K | $44K | $645K | $123K | — | View 990 |
| 2018 | $62K | $39K | $590K | $129K | — | — |
| 2017 | $36K | $28K | $574K | $135K | — | View 990 |
| 2016 | $75K | $25K | $572K | $140K | — | View 990 |
| 2015 | $65K | $20K | $451K | $69K | — | View 990 |
| 2014 | $54K | $20K | $408K | $72K | — | View 990 |
| 2013 | $96K | $8K | $377K | $75K | — | View 990 |
| 2012 | $152K | $4K | $213K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $54K, expenses of $45K, and assets of $676K (revenue +39.4% year-over-year).
- 2023: Revenue of $39K, expenses of $40K, and assets of $676K (revenue -24.6% year-over-year).
- 2022: Revenue of $51K, expenses of $42K, and assets of $686K (revenue +9.8% year-over-year).
- 2021: Revenue of $47K, expenses of $33K, and assets of $685K (revenue +10.2% year-over-year).
- 2020: Revenue of $42K, expenses of $44K, and assets of $637K (revenue -59.3% year-over-year).
- 2019: Revenue of $104K, expenses of $44K, and assets of $645K (revenue +69.3% year-over-year).
- 2018: Revenue of $62K, expenses of $39K, and assets of $590K (revenue +70.4% year-over-year).
- 2017: Revenue of $36K, expenses of $28K, and assets of $574K (revenue -51.9% year-over-year).
- 2016: Revenue of $75K, expenses of $25K, and assets of $572K (revenue +15.0% year-over-year).
- 2015: Revenue of $65K, expenses of $20K, and assets of $451K (revenue +20.1% year-over-year).
- 2014: Revenue of $54K, expenses of $20K, and assets of $408K (revenue -43.5% year-over-year).
- 2013: Revenue of $96K, expenses of $8K, and assets of $377K (revenue -36.6% year-over-year).
- 2012: Revenue of $152K, expenses of $4K, and assets of $213K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for West Rehoboth Community Land Trust:
Data Sources and Methodology
This transparency report for West Rehoboth Community Land Trust 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.