Lebanon Senior Housing Inc

Analysis

Lebanon Senior Housing Inc is a registered charity in United States, based in Duluth, GA. It received its IRS tax-exemption ruling in August 1981, 45 years ago. 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 December 2023, Lebanon Senior Housing Inc reported income of $583k and spending of $488k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $532k to $583k (+9.6%), an average of +2.3% a year. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lebanon Senior Housing Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 76th percentile within GA. Charities of a similar size with the same main cause include Norwich Arts Center Inc ($583k), Spokane C O P S ($583k) and Quality Care for Kids Inc ($583k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. Other salaries and wages came to $99k. At year end it held assets of $494k against liabilities of $632k, net assets of -$138k.