Lazarus House Initiative Inc

Analysis

Lazarus House Initiative Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in June 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Lazarus House Initiative Inc reported income of $153k and spending of $161k, spending 105% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $427k to $153k (-64%), an average of -29% a year. The sharpest change came in the year to December 2021, when income dropped by 43%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lazarus House Initiative Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 51st percentile within TX. Charities of a similar size with the same main cause include Martin County Community Fund Inc ($153k), Anne Wigton Wagner and Harris N Wagner Jr Charitable Trust ($153k) and Gemach Abg Inc ($153k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $44 against liabilities of $0, net assets of $44.