Pleasant View Luther Home Inc

Analysis

Pleasant View Luther Home Inc is a registered charity in United States, based in Ottawa, IL. It received its IRS tax-exemption ruling in January 2015, 11 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Pleasant View Luther Home Inc reported income of $13.6m and spending of $14.8m, spending 109% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $11.0m to $13.6m (+24%), an average of +5.5% a year. Over the whole period it spent 103% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Pleasant View Luther Home Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within IL. Charities of a similar size with the same main cause include Abode Housing Development ($13.6m), Tarrant County Samaritan Housing Inc ($13.7m) and Elder Care Alliance of San Rafael ($13.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.0% and program service revenue 96% of the total. Other salaries and wages came to $4.9m. At year end it held assets of $28.4m against liabilities of $39.0m, net assets of -$10.6m. It reported 189 employees.