Le-Na Residential Inc

Analysis

Le-Na Residential Inc is a registered charity in United States, based in Altadena, CA. It received its IRS tax-exemption ruling in January 2011, 15 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, Le-Na Residential Inc reported income of $3.0m and spending of $2.6m, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.1m to $3.0m (+46%), an average of +9.9% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 93% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Le-Na Residential Inc sits at the 87th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include Helen Purcell Home ($3.0m), Arc of Delaware Inc Affiliates of the Arc of Delaware ($3.0m) and Sunrise Village ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $104k (4.1% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $1.2m against liabilities of $458k, net assets of $781k. It reported 71 employees.