LSS Manor Inc - Lake Geneva
Analysis
LSS Manor Inc - Lake Geneva is a registered charity in United States, based in West Allis, WI. It received its IRS tax-exemption ruling in November 1997, 29 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 Manor Inc - Lake Geneva reported income of $256k and spending of $333k, spending 130% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $214k to $256k (+19%), an average of +3.6% a year. Over the whole period it spent 118% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, LSS Manor Inc - Lake Geneva sits at the 43rd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 58th percentile within WI. Charities of a similar size with the same main cause include Aspen Homes for Elderly Inc ($256k), Project Libertad ($256k) and Restoration Properties Group ($256k).
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 $72k. At year end it held assets of $1.1m against liabilities of $99k, net assets of $1.0m.
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.
Income and spending
Where the income comes from
- Program services 99%
- Other 1.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Aspen Homes for Elderly Inc | Morristown | $256k |
| Project Libertad | Phoenixville | $256k |
| Restoration Properties Group | Safety Harbor | $256k |
| Civitan Homes Inc | Bartlesville | $256k |