Trust Neighborhoods
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- It reported loans to or from officers, directors or other insiders.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
WORKING FOR NEIGHBORHOODS TO HARNESS GROWTH TO PREVENT DISPLACEMENT AND BENEFIT EXISTING RESIDENTS.
- Income
- $2.2 million
- Spending
- $1.4 million
- Spent on programs
- 71%
- Reserves
- 22.1 months of spending
- Largest source of income
- donations and private grants, 83%
- Employees
- 8
- Volunteers
- 4
- Highest pay
- $159,233, chief product officer
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
Good: 81 out of 100. Higher than 61% of charities in its peer group (community improvement, $1m to $10m).
Reserves
35 of 35Spendable reserves would cover 22.1 months of spending.
Debt
16 of 20It owes 28% of what it owns.
Living within its means
15 of 15Income exceeded spending by 38% of income.
Income trend
0 of 15Income fell 48% on the year before.
Spending floor
15 of 1571% of spending went to programs and raising each dollar of donations cost 0 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
Good: 85 out of 100. Higher than 39% of charities in its peer group (community improvement, $1m to $10m).
Independent board
25 of 254 of 7 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
0 of 10Reports at least one of: diversion of assets, excess benefits, 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 (1)
- $961,502 spent. Trust Neighborhoods partners with neighborhood-based organizations to create Mixed-Income Neighborhood Trusts (MINTs) to prevent displacement, improve neighborhoods, and build community power in gentrifying areas. MINTs are an innovative structure combining community centric governance with mixed-income housing to ensure neighborhoods can become even better places to live while benefiting existing residents. Each MINT acquires and develops real estate subject to control by a Perpetual Purpose Trust stewarded by community stakeholders. Through 2024, Trust Neighborhoods has helped launch and scale four MINTs in Fresno, Tulsa, Kansas City, and Boston that have invested over $65 million to secure over 215 units of housing. Trust Neighborhoods provides capacity and expertise to its local partners supporting each MINT's growth and the refinement of the MINT model. Through 2024, these MINTs have served hundreds of residents, providing affordability, improving housing quality, and changing power structures to benefit community members.
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
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.
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.
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.
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.
How long has it been tax-exempt? Passed.
Recognized by the IRS since January 2021.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
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.