Luthern Social Services of Central Ohio Lancaster Housing Inc
Analysis
Luthern Social Services of Central Ohio Lancaster Housing Inc is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in April 1991, 35 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, Luthern Social Services of Central Ohio Lancaster Housing Inc reported income of $583k and spending of $593k, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $565k to $583k (+3.1%), an average of +0.8% a year. Over the whole period it spent 107% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Luthern Social Services of Central Ohio Lancaster Housing Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within OH. Charities of a similar size with the same main cause include Opportunity Neighborhood ($583k), Prosperity Unlimited Inc ($583k) and Jeffersons Ferry Foundation ($582k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 68% and program service revenue 31% of the total. At year end it held assets of $1.1m against liabilities of $2.0m, net assets of -$947k.
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.
Income and spending
Where the income comes from
- Contributions & grants 68%
- Program services 31%
- Other 0.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Opportunity Neighborhood | Elk River | $583k |
| Prosperity Unlimited Inc | Kannapolis | $583k |
| Jeffersons Ferry Foundation | South Setauket | $582k |
| September Place Retirement Village Inc | Beattyville | $583k |