Lutheran Housing of LA Crosse Inc

Analysis

Lutheran Housing of LA Crosse Inc is a registered charity in United States, based in LA Crosse, WI. It received its IRS tax-exemption ruling in March 1993, 33 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, Lutheran Housing of LA Crosse Inc reported income of $227k and spending of $143k, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $221k to $227k (+2.7%), an average of +0.7% a year. The sharpest change came in the year to December 2020, when income rose by 65%. Over the whole period it spent 61% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Lutheran Housing of LA Crosse Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within WI. Charities of a similar size with the same main cause include Merrill Community Homeless Center Inc ($227k), Asi Freeport Senior Housing Inc ($227k) and Fairmont Place Housing Development Fund Corporation ($227k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 97% of the total. At year end it held assets of $447k against liabilities of $83k, net assets of $364k.