Leeway Scattered Site Housing Inc

Analysis

Leeway Scattered Site Housing Inc is a registered charity in United States, based in New Haven, CT. It received its IRS tax-exemption ruling in August 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 (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, Leeway Scattered Site Housing Inc reported income of $91k and spending of $94k, spending 103% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $75k to $91k (+22%), an average of +5.2% a year. The sharpest change came in the year to September 2023, when income rose by 16%. Over the whole period it spent 114% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Leeway Scattered Site Housing Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 32nd percentile within CT. Charities of a similar size with the same main cause include Mountainview Homes for Elderly Inc ($91k), Mosaic Housing Corp I ($91k) and Kalamazoo Family Nonprofit Housing Corporation ($91k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 91% of the total. Other salaries and wages came to $12k. At year end it held assets of $271k against liabilities of $261k, net assets of $10k.

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.