Lorraines House

Analysis

Lorraines House is a registered charity in United States, based in Roeland Park, KS. 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lorraines House reported income of $302k and spending of $260k, spending 86% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $211k to $302k (+43%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lorraines House sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within KS. Charities of a similar size with the same main cause include The Preschool at Kapalua ($302k), The Mindfulness Center Inc ($302k) and Hope for Children Ministries ($302k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $43k (17% of expenses). Other salaries and wages came to $20k. At year end it held assets of $90k against liabilities of $10k, net assets of $80k. It reported 11 employees.