Lawrenceville Handicapped Housing Inc

Analysis

Lawrenceville Handicapped Housing Inc is a registered charity in United States, based in Duluth, GA. It received its IRS tax-exemption ruling in April 1989, 37 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 June 2023, Lawrenceville Handicapped Housing Inc reported income of $567k and spending of $592k, spending 104% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $521k to $567k (+8.9%), an average of +2.9% a year. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lawrenceville Handicapped Housing Inc sits at the 70th percentile: it is larger than about 70% 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 Court Appointed Special Advocates of North Texas ($567k), Chance for Hope Foundation ($567k) and The Etowah Scholarship Foundation Inc ($567k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $104k. At year end it held assets of $1.3m against liabilities of $68k, net assets of $1.2m.

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.