Little Red House Inc

Analysis

Little Red House Inc is a registered charity in United States, based in Spring Lake, MI. It received its IRS tax-exemption ruling in May 2001, 25 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Little Red House Inc reported income of $565k and spending of $546k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $626k to $565k (-9.8%), an average of -2.5% a year. The sharpest change came in the year to December 2021, when income rose by 97%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Little Red House Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within MI. Charities of a similar size with the same main cause include Apostolic Ministerial Services ($565k), Thrifty Nickel Inc ($565k) and Portland Backpack ($565k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $96k (18% of expenses). Other salaries and wages came to $219k. At year end it held assets of $1.3m against liabilities of $20k, net assets of $1.3m. It reported 17 employees.