Lindley Homes

Analysis

Lindley Homes is a registered charity in United States, based in Reseda, CA. It received its IRS tax-exemption ruling in August 1998, 28 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, Lindley Homes reported income of $159k and spending of $198k, spending 125% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $143k to $159k (+11%), an average of +2.6% a year. The sharpest change came in the year to June 2020, when income rose by 51%. Over the whole period it spent 85% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Lindley Homes sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 51st percentile within CA. Charities of a similar size with the same main cause include Encinitas Preservation Association ($159k), Good Shepherd Gardens Inc ($159k) and 30th and West Live Work Community Arts Center Inc ($159k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 81% and program service revenue 19% of the total. At year end it held assets of $550k against liabilities of $558k, net assets of -$8,392.