Financial Information for Somerville Community Land Trust

Somerville Community Land Trust's annual revenue was $541K in tax year 2024, reported on their IRS Form 990. They spent $360K in total expenses. 83% went to programs and services.

Financial Breakdown

What is Somerville Community Land Trust's total annual expenses?

Somerville Community Land Trust spent $360K in tax year 2024, according to their IRS Form 990 filing.

How much of Somerville Community Land Trust's budget goes to programs?

Somerville Community Land Trust spent $299K (83% of expenses) on programs and services in tax year 2024.

How much does Somerville Community Land Trust spend on overhead?

Somerville Community Land Trust's overhead in tax year 2024 includes administrative (12%) and fundraising (5%) of their expenses.

What is Somerville Community Land Trust's net worth?

Somerville Community Land Trust had net assets of $41K as of the end of tax year 2024.

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All figures are reported on the organization's IRS Form 990 filing and are public record. Revenue and expense data come from Form 990 Part I, and asset data comes from the balance sheet section. These are filed amounts as reported by the organization.