Our Saviors Lutheran Housing Corp
Analysis
Our Saviors Lutheran Housing Corp is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in November 1983, 43 years ago. 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, Our Saviors Lutheran Housing Corp reported income of $336k and spending of $266k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $304k to $336k (+10%), an average of +2.5% a year. Over the whole period it spent 83% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Our Saviors Lutheran Housing Corp sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 61st percentile within CO. Charities of a similar size with the same main cause include West Universtiy Tri-Sports Association ($336k), Alice James Poetry Cooperative Inc ($336k) and L B Smith Estate Foundation Inc ($336k).
On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $60k. At year end it held assets of $582k against liabilities of $793k, net assets of -$211k.
Income and spending
Where the income comes from
- Program services 100%
- Other 0.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| West Universtiy Tri-Sports Association | Houston | $336k |
| Alice James Poetry Cooperative Inc | New Gloucestr | $336k |
| L B Smith Estate Foundation Inc | Camp Hill | $336k |
| Los Angeles Sports Council Foundation | Los Angeles | $336k |