Lutheran Social Services of Central Ohio Grove City Housing Inc
Analysis
Lutheran Social Services of Central Ohio Grove City Housing Inc is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in March 1993, 33 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 June 2023, Lutheran Social Services of Central Ohio Grove City Housing Inc reported income of $411k and spending of $508k, spending 124% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $426k to $411k (-3.4%), an average of -0.9% a year. The sharpest change came in the year to June 2020, when income rose by 25%. Over the whole period it spent 111% 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 Grove City Housing Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within OH. Charities of a similar size with the same main cause include Atlanta Group Home Inc ($411k), Esther House of Stanly County ($411k) and Fox Street Housing Development Fund Corporation ($411k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 40% and program service revenue 60% of the total. At year end it held assets of $1.2m against liabilities of $133k, net assets of $1.1m.
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 40%
- Program services 60%
- Other 0.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Atlanta Group Home Inc | Atlanta | $411k |
| Esther House of Stanly County | Albemarle | $411k |
| Fox Street Housing Development Fund Corporation | Bronx | $411k |
| Village to Village Network LLC | Saint Louis | $411k |