Lulac Haven Incorporated

Analysis

Lulac Haven Incorporated is a registered charity in United States, based in Laredo, TX. It received its IRS tax-exemption ruling in September 1978, 48 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, Lulac Haven Incorporated reported income of $397k and spending of $334k, spending 84% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $370k to $397k (+7.4%), an average of +1.4% a year. Over the whole period it spent 81% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Lulac Haven Incorporated sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 71st percentile within TX. Charities of a similar size with the same main cause include Final Salute Inc ($397k), NBC Bethel USA Housing Inc Thirty- Two Bethel Towers ($397k) and Zeeland Non-Profit Senior Housing Corporation Haven Huis Apartments ($397k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 63% and program service revenue 37% of the total. Other salaries and wages came to $90k. At year end it held assets of $706k against liabilities of $352k, net assets of $354k. It reported 3 employees.