ISLAND HOUSING TRUST CORPORATION
AI Summary
The Island Housing Trust Corporation, identified by EIN 02-0549245, is a nonprofit organization dedicated to public housing with a mission to own and lease land for the development, building, and maintenance of affordable housing. With an operating budget of $4.7 million and total revenue of $10.1 million for the filing year 2024, the organization demonstrates significant financial scale, although it does not rely on any single funder for 50% or more of its revenue. More information can be found on their website at www.ihtmv.org.
Mission Statement
TO OWN AND LEASE LAND FOR THE PURPOSE OF DEVELOPING, BUILDING AND MAINTAINING AFFORDABLE HOUSING.
Cause Areas
1
Public housing
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Frequently Asked Questions
What is ISLAND HOUSING TRUST CORPORATION’s budget?
In 2024, ISLAND HOUSING TRUST CORPORATION reported an annual operating budget of around $4.7 million. More detailed financial information is available to registered users.
What causes does ISLAND HOUSING TRUST CORPORATION support?
ISLAND HOUSING TRUST CORPORATION supports work in Public housing.
Where does ISLAND HOUSING TRUST CORPORATION operate?
ISLAND HOUSING TRUST CORPORATION is headquartered in West Tisbury, MA.
Who funded ISLAND HOUSING TRUST CORPORATION recently?
In 2025, ISLAND HOUSING TRUST CORPORATION received grants from Boston Foundation, Inc, Boston Foundation, Inc, and Boston Foundation, Inc. More information on this organization’s funders is available to registered users.
What is the largest grant ISLAND HOUSING TRUST CORPORATION received in 2024?
The largest grant to ISLAND HOUSING TRUST CORPORATION in 2024 exceeds $1 million.
What is ISLAND HOUSING TRUST CORPORATION’s reliance on government grants?
ISLAND HOUSING TRUST CORPORATION relied on government grants for more than 30% of their total revenue in 2024.