Lauras House

Analysis

Lauras House is a registered charity in United States, based in Aliso Viejo, CA. It received its IRS tax-exemption ruling in May 1995, 31 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Lauras House reported income of $5.5m and spending of $5.6m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $8.1m to $5.5m (-32%), an average of -9.2% a year. The sharpest change came in the year to December 2020, when income dropped by 36%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lauras House sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include Fort Defiance Housing Corporation ($5.5m), Navajoland Nursing Homes Inc ($5.5m) and Specialized Alternatives for Families and Youth of Indiana Inc ($5.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 1.0% of the total. Compensation of current officers, directors and key employees was $273k (4.9% of expenses). Other salaries and wages came to $3.1m. It paid $52k in professional fundraising fees. At year end it held assets of $14.1m against liabilities of $3.5m, net assets of $10.6m. It reported 134 employees.