LSS Housing Woodside Inc

Analysis

LSS Housing Woodside Inc is a registered charity in United States, based in West Allis, WI. It received its IRS tax-exemption ruling in September 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, LSS Housing Woodside Inc reported income of $116k and spending of $157k, spending 135% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $114k to $116k (+2.1%), an average of +0.4% a year. Over the whole period it spent 110% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, LSS Housing Woodside Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 40th percentile within WI. Charities of a similar size with the same main cause include Habitat for Humanity International NC ($116k), New Smyrna Beach Housing Development Corporation ($116k) and Southwest Florida Gwi Housing VII Inc ($116k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $32k. At year end it held assets of $388k against liabilities of $38k, net assets of $350k.

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.