Somerset Lutheran Housing Community Inc

Analysis

Somerset Lutheran Housing Community Inc is a registered charity in United States, based in Somerset, PA. It received its IRS tax-exemption ruling in September 2012, 14 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, Somerset Lutheran Housing Community Inc reported income of $136k and spending of $309k, spending 228% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $154k to $136k (-12%), an average of -3.2% a year. Over the whole period it spent 204% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Somerset Lutheran Housing Community Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 42nd percentile within PA. Charities of a similar size with the same main cause include Hearthstone Group ($136k), Perry Hilltop Citizens Council Inc ($136k) and Jacobs Place Homeless Mission ($136k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 97% of the total. Other salaries and wages came to $6,944. At year end it held assets of $1.9m against liabilities of $426k, net assets of $1.5m. It reported 1 employees.

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.