Skip to the page content
Your donations
Passes our checks

Southern Pines Land & Housing Trust Inc

EIN 32-0282058 · Southern Pnes, NC

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthFair63 out of 100GovernanceFair64 out of 100Impact evidenceDescribes programsHow well its results are evidenced

Points to look into

  • Only 14% of its spending went to programs.

These come from the organization's own tax return. There may be a good explanation; ask the charity.

What it says it does

THE MISSION IS TO PRESERVE AND ENHANCE THE WEST SOUTHERN PINES COMMUNITYS SOCIAL AND ECONOMIC CONDITIONS THROUGH PROPERTY OWNERSHIP, EDUCATION, AND OPPORTUNITY.

Income
$332,032
Spending
$304,937
Spent on programs
14%
Reserves
7.4 months of spending
Largest source of income
donations and private grants, 94%
Employees
0
Volunteers
55

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Fair: 63 out of 100. Higher than 62% of charities in its peer group (housing, $250k to $1m).

  • Reserves

    28 of 35

    Spendable reserves would cover 7.4 months of spending.

  • Debt

    20 of 20

    It owes 0% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 8% of income.

  • Income trend

    0 of 15

    Income fell 40% on the year before.

  • Spending floor

    0 of 15

    14% of spending went to programs and raising each dollar of donations cost 19 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Fair: 64 out of 100. Higher than 23% of charities in its peer group (housing, $250k to $1m).

  • Independent board

    25 of 25

    9 of 9 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    0 of 10

    Did not give the board a copy of this return before filing it.

  • Independent check of accounts

    6 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (3)
  1. FORMERLY THE PLAYGROUND OF THE CAMPUS OF THE SOUTHERN PINES PRIMARY SCHOOL, BLANCHIE CARTER PARK HAS BEEN ADDED TO THE TOWNS LIST OF PUBLIC PARKS. IN ORDER TO OPEN THE PARK TO THE PUBLIC, SPLHT HAD TO REPLACE THE AGING PLAYGROUND EQUIPMENT THAT WAS DEEMED UNSAFE FOR CHILDREN. IN 2023, ENOUTH FUNDS WERE RAISED AT OUR ANNUAL FUNDRAISER TO PURCHASE NEW EQUIPMENT FOR THE PLAYGROUND. WE INSTALLED THE EQUIPMENT LATE 2023, AND OFFICIALLY OPENED TO THE PUBLIC IN JULY 2024. THE EQUIPMENT WAS CAPITALIZED.
  2. $754 spent. EDUCATIONAL PROGRAMS - THESE PROGRAMS WILL BRING INFORMATION TO THE WEST SOUTHERN PINES COMMUNITY THAT WILL ENHANCE THEIR LIVES FINANCIALLY, HISTORICALLY AND CULTURALLY. IN 2023, SPLHT BROUGHT A TRAVELING HISTORICAL EXHIBIT TO THE WSP CENTER CAMPUS.
  3. $43,454 spent. MUSEUM & CULTURAL PROGRAMS - SPLHT WILL OPEN THE FIRST, PROFESSIONALLY DEVELOPED AFRICAN AMERICAN MUSEUM IN MOORE COUNTY. IN 2023, SPLHT HIRED A CURATOR TO CREATE A PERMANENT EXHIBIT FOR THE MUSEUM. THE EXPENSES WERE RELATED TO THAT PROJECT.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since November 2010.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.