Lima Inter-Faith Senior Housing Inc

Analysis

Lima Inter-Faith Senior Housing Inc is a registered charity in United States, based in Lima, OH. It received its IRS tax-exemption ruling in December 1979, 47 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 July 2023, Lima Inter-Faith Senior Housing Inc reported income of $511k and spending of $429k, spending 84% of its income. Across the 4 years on record, from July 2020 to July 2023, income grew from $481k to $511k (+6.3%), an average of +2.0% a year. Over the whole period it spent 102% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Lima Inter-Faith Senior Housing Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within OH. Charities of a similar size with the same main cause include Fairfield Housing Corporation ($511k), Connections Ministry ($512k) and Family Promise of Bell County Inc ($511k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 63% and program service revenue 36% of the total. Other salaries and wages came to $57k. At year end it held assets of $1.0m against liabilities of $1.4m, net assets of -$381k.