L D Thomas House Inc

Analysis

L D Thomas House Inc is a registered charity in United States, based in Jasper, AL. It received its IRS tax-exemption ruling in October 1995, 31 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 2024, L D Thomas House Inc reported income of $64k and spending of $68k, spending 107% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $64k to $64k (-0.7%), an average of -0.7% a year. Over the whole period it spent 106% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, L D Thomas House Inc sits at the 14th percentile: it is larger than about 14% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 24th percentile within AL. Charities of a similar size with the same main cause include Maple Lake-Lake Property Owners Association Inc ($64k), Arkansas Senior Care Inc ($64k) and Blue Cut II Housing Development Fund Company Inc ($64k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 33% and program service revenue 67% of the total. At year end it held assets of $214k against liabilities of $469k, net assets of -$254k.