Community Homes of Lebanon Valley Inc
Analysis
Community Homes of Lebanon Valley Inc is a registered charity in United States, based in Lebanon, PA. It received its IRS tax-exemption ruling in July 1969, 57 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2024, Community Homes of Lebanon Valley Inc reported income of $1.7m and spending of $1.4m, leaving 20% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.5m to $1.7m (+12%), an average of +2.9% a year. Over the whole period it spent 86% 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 Valley 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 PA. Charities of a similar size with the same main cause include Morrisville Presbytarian Apartments Residents Association ($1.7m), Roots Young Adult Shelter ($1.7m) and Oikos Development Corporation ($1.7m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 51% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $97k (7.2% of expenses). Other salaries and wages came to $330k. At year end it held assets of $4.3m against liabilities of $1.1m, net assets of $3.2m. It reported 15 employees.
Income and spending
Where the income comes from
- Contributions & grants 51%
- Program services 45%
- Other 4.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Morrisville Presbytarian Apartments Residents Association | Lafayette HL | $1.7m |
| Roots Young Adult Shelter | Seattle | $1.7m |
| Oikos Development Corporation | Kansas City | $1.7m |
| Crossroads Communities | Lebanon | $1.7m |