Lazarus House
Analysis
Lazarus House is a registered charity in United States, based in St Charles, IL. It received its IRS tax-exemption ruling in March 1998, 28 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 June 2024, Lazarus House reported income of $2.5m and spending of $2.3m, spending 90% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.7m to $2.5m (+46%), an average of +9.9% a year. The sharpest change came in the year to June 2021, when income rose by 56%. Over the whole period it spent 86% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lazarus House sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within IL. Charities of a similar size with the same main cause include Making It Better ($2.5m), Kingdom Pathways ($2.5m) and Translash Media Inc ($2.5m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 77% and program service revenue 2.6% of the total. Compensation of current officers, directors and key employees was $235k (10% of expenses). Other salaries and wages came to $926k. At year end it held assets of $6.5m against liabilities of $121k, net assets of $6.4m. It reported 46 employees.
Income and spending
Where the income comes from
- Contributions & grants 77%
- Program services 2.6%
- Other 20%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Making It Better | Houston | $2.5m |
| Kingdom Pathways | Coon Rapids | $2.5m |
| Translash Media Inc | Brooklyn | $2.5m |
| Seven Hills Foundation Inc | Worcester | $2.5m |