L J R Corporation

Analysis

L J R Corporation is a registered charity in United States, based in Providence, RI. It received its IRS tax-exemption ruling in September 2003, 23 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2023, L J R Corporation reported income of $135k and spending of $146k, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $131k to $135k (+2.7%), an average of +0.7% a year. Over the whole period it spent 106% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, L J R Corporation sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 41st percentile within RI. Charities of a similar size with the same main cause include House of Restoration ($135k), Luther Senior Center East ($135k) and NLH 2 ($135k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 67% and program service revenue 30% of the total. At year end it held assets of $976k against liabilities of $1.0m, net assets of -$68k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.