Lamoille Area Housing Corporation the
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
Where the income comes from
- Program services 100%
- Other 0.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Contoocook Housing Trust | Lyman | $616k |
| Fair Hill International Three Day Event Inc | Elkton | $616k |
| Foundation for Leadership California | Sacramento | $616k |
| Neighborhood Housing Services of Southwest Wisconsin Inc | Richland Ctr | $616k |