Lutheran Housing Services Number 1incorporated

Analysis

Lutheran Housing Services Number 1incorporated is a registered charity in United States, based in Lima, OH. It received its IRS tax-exemption ruling in October 1980, 46 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, Lutheran Housing Services Number 1incorporated reported income of $1.1m and spending of $968k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.1m (+1.6%), an average of +0.4% a year. 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, Lutheran Housing Services Number 1incorporated sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within OH. Charities of a similar size with the same main cause include Rebuilding Together Broward County Inc ($1.1m), Moline Ministries 2 Inc ($1.1m) and Washington Low Income Housing Alliance ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $74k. At year end it held assets of $2.8m against liabilities of $2.3m, net assets of $492k. It reported 3 employees.