Lambeth House Inc

Analysis

Lambeth House Inc is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in January 1995, 31 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Lambeth House Inc reported income of $11.6m and spending of $7.8m, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $11.8m to $11.6m (-1.8%), an average of -0.5% a year. The sharpest change came in the year to December 2021, when income rose by 27%. Over the whole period it spent 62% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lambeth House Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within LA. Charities of a similar size with the same main cause include Trinity Village Inc ($11.6m), Lutheran Haven ($11.6m) and Moore Impact Inc ($11.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.4% and program service revenue 84% of the total. At year end it held assets of $135.6m against liabilities of $78.6m, net assets of $57.0m.