Housing & Shelter
(L20)
990 on File
KOR COMMUNITY LAND TRUST
Financial strength (30%)
67/100
Reliability (20%)
50/100
Effectiveness (25%)
81/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$4.6M
Total Revenue
$2.6M
Total Expenses
$3.3M
Net Assets
7
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
92.1%
Fundraising Efficiency
53.8%
Operating Reserve
15.19x
Liability-to-Asset
47.7%
Revenue Diversification
68.5%
Executive Compensation
$121K
Compared with Peers
FY 2023
Compared with 3,477 similar organizations
(United States, Housing & Shelter, $1M–$10M in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
92.1% | 86.9% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
6.8% | 10.8% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
1.1% | 0.0% |
P10P90
|
Below median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
53.8% | 227.4% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
15.2 mo | 12.7 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
47.7% | 40.3% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
68.5% | 90.4% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
449.2% | 5.3% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
539.7% | 7.8% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
43.5% | 1.7% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $4.6M | $2.6M | $3.3M | 92.1% | 7 |
| 2022 | $843K | $409K | $1.3M | 57.3% | 5 |
| 2021 | $457K | $198K | N/A | — | 6 |
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