Shreveport Leased Housing Corporation

Analysis

Shreveport Leased Housing Corporation is a registered charity in United States, based in Shreveport, LA. It received its IRS tax-exemption ruling in May 2021, 5 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Shreveport Leased Housing Corporation reported income of $4.6m and spending of $3.4m, leaving 25% of income unspent that year. Across the 5 years on record, from September 2016 to September 2023, income grew from $150 to $4.6m (+3047035%), an average of +1221% a year. The sharpest change came in the year to September 2020, when income rose by 5056081%. Over the whole period it spent 39% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Shreveport Leased Housing Corporation sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within LA. Charities of a similar size with the same main cause include Cornerstone Assisted Living of Plymouth Inc ($4.6m), Wilson Housing Development Corporation ($4.6m) and Habitat for Humanity International Inc ($4.6m).

At year end it held assets of $18.8m against liabilities of $1.8m, net assets of $16.9m.