Lutheran Housing Services 6 Incorporated

Analysis

Lutheran Housing Services 6 Incorporated is a registered charity in United States, based in Oregon, OH. It received its IRS tax-exemption ruling in August 1982, 44 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lutheran Housing Services 6 Incorporated reported income of $513k and spending of $605k, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $527k to $513k (-2.6%), an average of -0.7% a year. Over the whole period it spent 148% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lutheran Housing Services 6 Incorporated sits at the 69th percentile: it is larger than about 69% 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 Family Promise of Gwinnett County Inc ($513k), International African Arts Festival ($513k) and Habitat for Humanity International Inc ($513k).

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 $13k. At year end it held assets of $1.1m against liabilities of $4.4m, net assets of -$3.3m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.