Lufkin Neighborhood Strong

Analysis

Lufkin Neighborhood Strong is a registered charity in United States, based in Lufkin, TX. It received its IRS tax-exemption ruling in September 2016, 10 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 (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, Lufkin Neighborhood Strong reported income of $913k and spending of $930k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $294k to $913k (+210%), an average of +33% a year. The sharpest change came in the year to December 2021, when income rose by 119%. Over the whole period it spent 112% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Lufkin Neighborhood Strong sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within TX. Charities of a similar size with the same main cause include Safe Harbor of Chester County Inc ($913k), Yellow Roof Foundation ($914k) and Hewitt House Housing Development Fund Corporation ($913k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $65k (7.0% of expenses). Other salaries and wages came to $154k. At year end it held assets of $197k against liabilities of $213k, net assets of -$16k. It reported 4 employees.