Community Homes of Lebanon County Inc

Analysis

Community Homes of Lebanon County Inc is a registered charity in United States, based in Lebanon, PA. It received its IRS tax-exemption ruling in March 1995, 31 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 December 2023, Community Homes of Lebanon County Inc reported income of $1.6m and spending of $784k, leaving 51% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $549k to $1.6m (+192%), an average of +31% a year. The sharpest change came in the year to December 2023, when income rose by 96%. Over the whole period it spent 59% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Community Homes of Lebanon County Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within PA. Charities of a similar size with the same main cause include Glad Tidings Community Development Corporation ($1.6m), Housing Opportunities Mortgage Assistance & Effective Neighborhoo ($1.6m) and Turning Point Housing Development Fund Corporation ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 43% of the total. Compensation of current officers, directors and key employees was $81k (10% of expenses). At year end it held assets of $5.9m against liabilities of $2.0m, net assets of $3.9m.