Lytle Trace Inc

Analysis

Lytle Trace Inc is a registered charity in United States, based in Batavia, OH. It received its IRS tax-exemption ruling in July 2000, 26 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lytle Trace Inc reported income of $256k and spending of $318k, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $231k to $256k (+11%), an average of +2.6% a year. Over the whole period it spent 125% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Lytle Trace Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within OH. Charities of a similar size with the same main cause include Freedom House Inc ($256k), National Rural Housing Coalition ($256k) and Asi Redruth Inc ($256k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $53k. At year end it held assets of $1.6m against liabilities of $51k, net assets of $1.6m. It reported 14 employees.

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.