Lassen Manor IV

Analysis

Lassen Manor IV is a registered charity in United States, based in Carmichael, CA. It received its IRS tax-exemption ruling in May 2000, 26 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 December 2023, Lassen Manor IV reported income of $113k and spending of $115k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $92k to $113k (+22%), an average of +5.2% a year. Over the whole period it spent 109% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Lassen Manor IV sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 42nd percentile within CA. Charities of a similar size with the same main cause include Black Rock-Riverside Neighborhood Housing Services Inc ($113k), Dequincy Elderly Housing Corporation ($113k) and Williams Street Apartments Inc ($113k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 28% of the total. Other salaries and wages came to $38k. At year end it held assets of $526k against liabilities of $17k, net assets of $509k. It reported 1 employees.