Lexington Center Inc

Analysis

Lexington Center Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in November 1996, 30 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 December 2023, Lexington Center Inc reported income of $189k and spending of $190k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $589k to $189k (-68%), an average of -25% a year. The sharpest change came in the year to December 2021, when income dropped by 225%. Over the whole period it spent 156% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Lexington Center Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within IL. Charities of a similar size with the same main cause include Sheltering Tree Housing Corporation ($189k), Sessions Village 202 ($189k) and Roxbury Main Streets Revitalization Corporation ($189k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.3% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $35k (19% of expenses). Other salaries and wages came to $66k. At year end it held assets of $37k against liabilities of $0, net assets of $37k. It reported 15 employees.