Lutheran Housing Services No 12 Incorporated

Analysis

Lutheran Housing Services No 12 Incorporated is a registered charity in United States, based in Toledo, OH. It received its IRS tax-exemption ruling in August 1997, 29 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lutheran Housing Services No 12 Incorporated reported income of $149k and spending of $193k, spending 130% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $131k to $149k (+14%), an average of +3.4% a year. Over the whole period it spent 122% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lutheran Housing Services No 12 Incorporated sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within OH. Charities of a similar size with the same main cause include Bronx Bethany Community Corporation ($149k), Transforming a Life ($149k) and Oregon Pupil Transportation Assoc ($149k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $1.0m against liabilities of $77k, net assets of $924k.

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.