LSS Housing Waukesha Hickory Flats Inc

Analysis

LSS Housing Waukesha Hickory Flats Inc is a registered charity in United States, based in West Allis, WI. It received its IRS tax-exemption ruling in September 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, LSS Housing Waukesha Hickory Flats Inc reported income of $79k and spending of $108k, spending 137% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $88k to $79k (-11%), an average of -2.2% a year. The sharpest change came in the year to December 2019, when income dropped by 30%. Over the whole period it spent 147% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, LSS Housing Waukesha Hickory Flats Inc sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 28th percentile within WI. Charities of a similar size with the same main cause include Wellington Homes for Elderly Inc ($79k), Hartville Innovative Housing Solutions Inc ($79k) and Cpnj-Laurel Inc ($78k).

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 $17k. At year end it held assets of $1.1m against liabilities of $97k, 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.