LSS Housing 26th Street Inc

Analysis

LSS Housing 26th Street Inc is a registered charity in United States, based in West Allis, WI. It received its IRS tax-exemption ruling in July 2000, 26 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 26th Street Inc reported income of $74k and spending of $85k, spending 115% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $67k to $74k (+11%), an average of +2.1% a year. Over the whole period it spent 118% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, LSS Housing 26th Street Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 26th percentile within WI. Charities of a similar size with the same main cause include Community Apartments Corporation of Metrolina ($74k), Mississippi Charitable Foundation Inc ($74k) and Michigan Community Services for the Blind and Physically Challenged ($74k).

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 $20k. At year end it held assets of $328k against liabilities of $33k, net assets of $295k.

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.