LSS Housing Center Street Inc

Analysis

LSS Housing Center Street Inc is a registered charity in United States, based in West Allis, WI. It received its IRS tax-exemption ruling in June 1998, 28 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, LSS Housing Center Street Inc reported income of $85k and spending of $109k, spending 128% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $87k to $85k (-2.6%), an average of -0.5% a year. Over the whole period it spent 112% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, LSS Housing Center Street Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 30th percentile within WI. Charities of a similar size with the same main cause include Pedigo Apartments Inc I ($85k), Walnut Housing Development Corp ($85k) and Macedonia Real Estate Community Development Corporation of Eatonvi ($85k).

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 $14k. At year end it held assets of $512k against liabilities of $13k, net assets of $500k.

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.