Lydias House Inc

Analysis

Lydias House Inc is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in May 1995, 31 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Lydias House Inc reported income of $2.5m and spending of $1.9m, leaving 24% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.7m to $2.5m (+49%), an average of +10% a year. The sharpest change came in the year to September 2023, when income rose by 28%. Over the whole period it spent 85% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Lydias House Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 86th percentile within MO. Charities of a similar size with the same main cause include Partners in Housing Inc a Colorado Non-Profit Corporation ($2.5m), Providence Community Housing ($2.5m) and Manna Inc ($2.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 99% and program service revenue 1.5% of the total. Compensation of current officers, directors and key employees was $198k (11% of expenses). Other salaries and wages came to $624k. At year end it held assets of $6.0m against liabilities of $341k, net assets of $5.7m. It reported 26 employees.