Lincoln-Westmoreland Housing Inc

Analysis

Lincoln-Westmoreland Housing Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in April 1970, 56 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, Lincoln-Westmoreland Housing Inc reported income of $338k and spending of $283k, spending 84% of its income. Across the 4 years on record, from March 2020 to March 2023, income fell from $716k to $338k (-53%), an average of -22% a year. The sharpest change came in the year to March 2023, when income dropped by 64%. Over the whole period it spent 48% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lincoln-Westmoreland Housing Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 37th percentile within DC. Charities of a similar size with the same main cause include Honorary Deputy Shefiffs Association of San Diego County ($338k), Masters Mission ($338k) and Wee Care Preschool Daycare Center Inc ($338k).

Other salaries and wages came to $4,193. At year end it held assets of $35.9m against liabilities of $8.7m, net assets of $27.3m.