Louttit Manor Inc

Analysis

Louttit Manor Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in September 1965, 61 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Louttit Manor Inc reported income of $1.3m and spending of $1.6m, spending 120% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $1.3m (+20%), an average of +4.7% a year. Over the whole period it spent 112% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Louttit Manor Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within FL. Charities of a similar size with the same main cause include Minford Gardens Housing Development Fund Company Inc ($1.3m), Black Women Build - Baltimore ($1.3m) and Habitat for Humanity International Inc ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.0% and program service revenue 99% of the total. Other salaries and wages came to $388k. At year end it held assets of $1.6m against liabilities of $3.1m, net assets of -$1.5m. It reported 7 employees.

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.