Lydias House in Southeast

Analysis

Lydias House in Southeast is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in February 1991, 35 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Lydias House in Southeast reported income of $970k and spending of $1.1m, spending 108% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $495k to $970k (+96%), an average of +18% a year. The sharpest change came in the year to September 2023, when income rose by 37%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lydias House in Southeast sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 54th percentile within DC. Charities of a similar size with the same main cause include Creative Achievements ($970k), TNM Asset Management Organization NFP ($970k) and Exceptional Lives Inc ($969k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 98% and program service revenue 1.5% of the total. Other salaries and wages came to $644k. At year end it held assets of $889k against liabilities of $548k, net assets of $341k. It reported 11 employees.