Louison House Inc

Analysis

Louison House Inc is a registered charity in United States, based in Adams, MA. It received its IRS tax-exemption ruling in June 2019, 7 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 September 2023, Louison House Inc reported income of $1.7m and spending of $1.7m, spending 98% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $483k to $1.7m (+256%), an average of +37% a year. The sharpest change came in the year to September 2023, when income rose by 69%. Over the whole period it spent 93% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Louison House Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 83rd percentile within MA. Charities of a similar size with the same main cause include Alto Station Inc ($1.7m), Rochester Civic Housing Inc ($1.7m) and Habitat for Humanity International Inc ($1.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 93% and program service revenue 6.8% of the total. Other salaries and wages came to $449k. At year end it held assets of $792k against liabilities of $151k, net assets of $641k. It reported 17 employees.