Lee Miles Senior Citizens Housing Corporation

Analysis

Lee Miles Senior Citizens Housing Corporation is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in December 1982, 44 years ago. 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, Lee Miles Senior Citizens Housing Corporation reported income of $1.1m and spending of $683k, leaving 36% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $995k to $1.1m (+6.5%), an average of +1.6% a year. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lee Miles Senior Citizens Housing Corporation sits at the 78th percentile: it is larger than about 78% 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 Habitat for Humnaity of Greater Centre County Inc ($1.1m), Clarendon Child Care Center ($1.1m) and Northern Maine Independent System Administration Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 33% of the total. At year end it held assets of $1.5m against liabilities of $891k, net assets of $601k.