Housing & Shelter
(L50)
990 on File
SOMERVILLE COMMUNITY LAND TRUST
Financial strength (30%)
73/100
Reliability (20%)
45/100
Effectiveness (25%)
78/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$541K
Total Revenue
$360K
Total Expenses
$41K
Net Assets
2
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
83.1%
Fundraising Efficiency
N/A
Operating Reserve
1.36x
Liability-to-Asset
98.9%
Revenue Diversification
77.8%
Executive Compensation
$94K
Compared with Peers
FY 2024
Compared with 5,473 similar organizations
(United States, Housing & Shelter, $100K–$1M in expenses), FY 2024.
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
|
83.1% | 87.3% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
12.4% | 11.7% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
4.6% | 0.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
1.4 mo | 13.6 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
98.9% | 25.2% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
77.8% | 91.7% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
844.9% | 5.0% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
65.3% | 5.2% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
33.5% | -6.8% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $541K | $360K | $41K | 83.1% | 2 |
| 2023 | $57K | $218K | $-140,286 | 75.7% | 1 |
| 2022 | $270K | $287K | $20K | 85.0% | 2 |
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