Lillian Holliday Residence Corporation

Analysis

Lillian Holliday Residence Corporation is a registered charity in United States, based in Lafayette HL, PA. It received its IRS tax-exemption ruling in July 1993, 33 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 June 2023, Lillian Holliday Residence Corporation reported income of $113k and spending of $86k, leaving 24% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $117k to $113k (-2.9%), an average of -0.7% a year. The sharpest change came in the year to June 2022, when income dropped by 37%. Over the whole period it spent 99% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Lillian Holliday Residence Corporation sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 38th percentile within PA. Charities of a similar size with the same main cause include LSS Housing Jamestown Inc ($113k), Halcyon Foundation ($113k) and Mariners Court Apartments ($113k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $3,488. At year end it held assets of $206k against liabilities of $633k, net assets of -$426k.