Lafayette Transitional Housing Center Inc

Analysis

Lafayette Transitional Housing Center Inc is a registered charity in United States, based in Lafayette, IN. It received its IRS tax-exemption ruling in January 1990, 36 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 September 2023, Lafayette Transitional Housing Center Inc reported income of $3.7m and spending of $3.9m, spending 107% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $3.9m to $3.7m (-4.9%), an average of -1.3% a year. The sharpest change came in the year to September 2020, when income rose by 62%. Over the whole period it spent 77% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Lafayette Transitional Housing Center Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within IN. Charities of a similar size with the same main cause include Transition House of Washington Inc ($3.7m), Bnai Brith Senior Citizens Housing Committee of Houston Inc ($3.7m) and Lutheran Manor of Lehigh Valley Inc ($3.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 86% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $237k (6.0% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $9.6m against liabilities of $239k, net assets of $9.3m. It reported 85 employees.