Lutheran Social Services of Central Ohio Delaware Housing Inc

Analysis

Lutheran Social Services of Central Ohio Delaware Housing Inc is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in March 1994, 32 years ago. 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 Delaware Housing Inc reported income of $340k and spending of $439k, spending 129% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $373k to $340k (-9.1%), an average of -2.3% a year. The sharpest change came in the year to June 2021, when income dropped by 16%. Over the whole period it spent 118% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lutheran Social Services of Central Ohio Delaware Housing Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within OH. Charities of a similar size with the same main cause include Space Force Association ($340k), Book-It Repertory Theatre ($340k) and South Carolina First Steps to School Readiness Board of Trustees ($340k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 56% and program service revenue 43% of the total. At year end it held assets of $1.1m against liabilities of $184k, net assets of $966k.

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.