Lutheran Social Services of Central Ohio Grovewood II Housing Inc

Analysis

Lutheran Social Services of Central Ohio Grovewood II Housing Inc is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in March 1997, 29 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 Grovewood II Housing Inc reported income of $144k and spending of $150k, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $150k to $144k (-4.2%), an average of -1.1% a year. The sharpest change came in the year to June 2022, when income rose by 20%. Over the whole period it spent 111% 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 Grovewood II Housing Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 46th percentile within OH. Charities of a similar size with the same main cause include Michigan American Legion Wilwin Lodge ($144k), Sun Ray Chinese School Inc ($144k) and Nantucket Island School of Design and the Arts ($144k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 55% and program service revenue 45% of the total. At year end it held assets of $570k against liabilities of $78k, net assets of $492k.

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.