Lemars Good Samaritan Housing Inc

Analysis

Lemars Good Samaritan Housing Inc is a registered charity in United States, based in Camarillo, CA. It received its IRS tax-exemption ruling in August 2007, 19 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lemars Good Samaritan Housing Inc reported income of $121k and spending of $169k, spending 140% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $96k to $121k (+27%), an average of +6.1% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 143% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Lemars Good Samaritan Housing Inc sits at the 27th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 44th percentile within CA. Charities of a similar size with the same main cause include Hope Housing of Claremore Inc ($121k), Goodworks Inc ($121k) and Abcap Housing III Inc ($121k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 45% of the total. Other salaries and wages came to $22k. At year end it held assets of $959k against liabilities of $27k, net assets of $932k.

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.