S E M Laurels Inc

Analysis

S E M Laurels Inc is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in September 1981, 45 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 2024, S E M Laurels Inc reported income of $1.1m and spending of $809k, leaving 24% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $921k to $1.1m (+15%), an average of +3.7% a year. Over the whole period it spent 75% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, S E M Laurels Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within OH. Charities of a similar size with the same main cause include LCHS Foundation Inc ($1.1m), TG 101 Inc ($1.1m) and Deedco Gardens Inc ($1.1m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 98% of the total. At year end it held assets of $1.9m against liabilities of $345k, net assets of $1.5m. It reported 7 employees.