Lodge of Northbrook Inc

Analysis

Lodge of Northbrook Inc is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in November 2012, 14 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 July 2023, Lodge of Northbrook Inc reported income of $7.1m and spending of $8.3m, spending 116% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income grew from $6.0m to $7.1m (+20%), an average of +4.6% a year. The sharpest change came in the year to July 2020, when income rose by 20%. Over the whole period it spent 104% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Lodge of Northbrook Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within NE. Charities of a similar size with the same main cause include Mon Elder Services Inc ($7.1m), Garden Spot Village of Akron ($7.2m) and Youville Place Inc ($7.1m).

On its Form 990 for the period ending July 2023, revenue came from program service revenue 97% of the total. Compensation of current officers, directors and key employees was $146k (1.8% of expenses). At year end it held assets of $57.1m against liabilities of $68.7m, net assets of -$11.6m.