Lutheran Housing Services Number 3incorporated

Analysis

Lutheran Housing Services Number 3incorporated is a registered charity in United States, based in Norwalk, 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 3incorporated reported income of $539k and spending of $489k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $501k to $539k (+7.7%), an average of +1.9% a year. Over the whole period it spent 95% 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 3incorporated sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within OH. Charities of a similar size with the same main cause include East Tennessee Homes for Elderly ($539k), Liberia Economic and Social Development Inc ($539k) and Presbyterian Homes of Lehigh Acres Inc ($539k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Other salaries and wages came to $36k. At year end it held assets of $1.1m against liabilities of $1.2m, net assets of -$138k. It reported 1 employees.