LF Kingman Place Inc

Analysis

LF Kingman Place Inc is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in July 2014, 12 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 June 2023, LF Kingman Place Inc reported income of $198k and spending of $337k, spending 171% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $174k to $198k (+14%), an average of +3.3% a year. Over the whole period it spent 176% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, LF Kingman Place Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 51st percentile within AZ. Charities of a similar size with the same main cause include Saint Josephs Family Hope Center ($198k), Los Robles Housing Association ($198k) and L Roy Gardens ($198k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 97% of the total. At year end it held assets of $1.1m against liabilities of $2.0m, net assets of -$895k.

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.