Tabor Lutheran Senior Housing Inc

Analysis

Tabor Lutheran Senior Housing Inc is a registered charity in United States, based in Des Plaines, IL. It received its IRS tax-exemption ruling in April 1988, 38 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 June 2024, Tabor Lutheran Senior Housing Inc reported income of $1.3m and spending of $1.6m, spending 118% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.2m to $1.3m (+14%), an average of +3.4% a year. The sharpest change came in the year to June 2021, when income rose by 19%. Over the whole period it spent 119% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Tabor Lutheran Senior Housing Inc sits at the 77th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within IL. Charities of a similar size with the same main cause include Dollar Learning Foundation ($1.3m), Kansas Statewide Homeless Coalition Inc ($1.3m) and Bnai Brith Covenant House of Tucson Arizona Inc ($1.3m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. Other salaries and wages came to $181k. At year end it held assets of $3.2m against liabilities of $3.4m, net assets of -$242k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.