Lacasa of Goshen Inc

Analysis

Lacasa of Goshen Inc is a registered charity in United States, based in Goshen, IN. It received its IRS tax-exemption ruling in November 1970, 56 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lacasa of Goshen Inc reported income of $6.0m and spending of $5.2m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.6m to $6.0m (+5.6%), an average of +1.4% a year. The sharpest change came in the year to December 2021, when income rose by 28%. Over the whole period it spent 76% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Lacasa of Goshen Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within IN. Charities of a similar size with the same main cause include Preserving Alameda County Housing Inc ($6.0m), Kings Tulare Continuum of Care on Homelessness ($6.0m) and Geer Woods Inc ($5.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 40% of the total. Compensation of current officers, directors and key employees was $340k (6.6% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $30.5m against liabilities of $5.8m, net assets of $24.7m. It reported 40 employees.