Pleasant Gap Lutheran Housing Community Inc

Analysis

Pleasant Gap Lutheran Housing Community Inc is a registered charity in United States, based in Altoona, PA. It received its IRS tax-exemption ruling in October 2009, 17 years ago. 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 December 2023, Pleasant Gap Lutheran Housing Community Inc reported income of $101k and spending of $200k, spending 199% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $92k to $101k (+9.1%), an average of +2.2% a year. Over the whole period it spent 206% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pleasant Gap Lutheran Housing Community Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 35th percentile within PA. Charities of a similar size with the same main cause include California Federation of Womens Clubs ($101k), Council of Religious Leaders of Metropolitan Chicago ($101k) and United States Power Squadrons ($101k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $7,559. At year end it held assets of $1.2m against liabilities of $248k, net assets of $988k. 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.