Lutheran Social Services of Central Ohio Marion Place I Housing Inc

Analysis

Lutheran Social Services of Central Ohio Marion Place I Housing Inc is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in June 2003, 23 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, Lutheran Social Services of Central Ohio Marion Place I Housing Inc reported income of $388k and spending of $554k, spending 143% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $414k to $388k (-6.2%), an average of -1.6% a year. Over the whole period it spent 124% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Lutheran Social Services of Central Ohio Marion Place I Housing Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within OH. Charities of a similar size with the same main cause include Community Service Alliance ($388k), Five Seasons Senior Housing Inc ($388k) and Goodwill Industries of Acadiana Housing Corporation ($388k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 34% and program service revenue 65% of the total. At year end it held assets of $2.2m against liabilities of $183k, net assets of $2.0m.

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.