Lutheran Social Services of Central Ohio Village Housing Inc

Analysis

Lutheran Social Services of Central Ohio Village Housing Inc is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in April 1997, 29 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, Lutheran Social Services of Central Ohio Village Housing Inc reported income of $340k and spending of $432k, spending 127% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $367k to $340k (-7.3%), an average of -1.9% a year. The sharpest change came in the year to June 2023, when income dropped by 19%. Over the whole period it spent 114% 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 Village Housing Inc sits at the 49th percentile: it is larger than about 49% 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 Cleveland County Community Development Corp ($340k), 2247 Webster Avenue HDFC ($340k) and Community Advancement and Redevelopment Enterprises Inc ($340k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 55% and program service revenue 44% of the total. At year end it held assets of $1.5m against liabilities of $155k, net assets of $1.3m.

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.