Lauderdale Senior Services Inc

Analysis

Lauderdale Senior Services Inc is a registered charity in United States, based in Tupelo, MS. It received its IRS tax-exemption ruling in November 1983, 43 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lauderdale Senior Services Inc reported income of $1.0m and spending of $1.1m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $589k to $1.0m (+77%), an average of +15% a year. The sharpest change came in the year to December 2020, when income rose by 37%. Over the whole period it spent 116% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Lauderdale Senior Services Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 82nd percentile within MS. Charities of a similar size with the same main cause include Villa Assumpta Inc ($1.0m), Atlantis Community Foundation ($1.0m) and Cabrini Gardens Senior Housing Development Fund Company Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 96% of the total. At year end it held assets of $2.6m against liabilities of $3.3m, net assets of -$772k.

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.