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Lamoille Area Housing Corporation the

RegisteredEIN 03-0272055Morrisville, VTOther charitable purposes
Income$616k2023-09
Spending$504ksame year
Spent / received76%5-year average
Size in its cause71st pctOther charitable purposes
Exempt since1979Publicly supported organisat
Employees2latest return

Analysis

Lamoille Area Housing Corporation the is a registered charity in United States, based in Morrisville, VT. It received its IRS tax-exemption ruling in August 1979, 47 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Lamoille Area Housing Corporation the reported income of $616k and spending of $504k, spending 82% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $613k to $616k (+0.5%), an average of +0.1% a year. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lamoille Area Housing Corporation the sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 69th percentile within VT. Charities of a similar size with the same main cause include Contoocook Housing Trust ($616k), Fair Hill International Three Day Event Inc ($616k) and Foundation for Leadership California ($616k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $110k. At year end it held assets of $846k against liabilities of $122k, net assets of $724k. It reported 2 employees.

Income and spending

$0$157k$313k$470k$627k2019 Income: $613,2742019 Spending: $437,32420192020 Income: $620,5962020 Spending: $437,83420202021 Income: $626,5902021 Spending: $477,59520212022 Income: $615,2382022 Spending: $488,72120222023 Income: $616,3312023 Spending: $503,8892023
IncomeSpending

Where the income comes from

  • Program services 100%
  • Other 0.2%

Similar-sized charities, same cause

CharityLocationIncome
Contoocook Housing TrustLyman$616k
Fair Hill International Three Day Event IncElkton$616k
Foundation for Leadership CaliforniaSacramento$616k
Neighborhood Housing Services of Southwest Wisconsin IncRichland Ctr$616k