LCHS Foundation Inc
Analysis
LCHS Foundation Inc is a registered charity in United States, based in Livingston, CA. It received its IRS tax-exemption ruling in September 2017, 9 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 December 2023, LCHS Foundation Inc reported income of $1.1m and spending of $1.4m, spending 131% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $994k to $1.1m (+6.9%), an average of +2.3% a year. Over the whole period it spent 119% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, LCHS Foundation Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Deedco Gardens Inc ($1.1m), S E M Laurels Inc ($1.1m) and Pathstone Corporation ($1.1m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.4% and program service revenue 94% of the total. At year end it held assets of $18.7m against liabilities of $17.2m, net assets of $1.5m.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Contributions & grants 6.4%
- Program services 94%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Deedco Gardens Inc | Homestead | $1.1m |
| S E M Laurels Inc | Cincinnati | $1.1m |
| Pathstone Corporation | Kennett SQ | $1.1m |
| TG 101 Inc | Fort Smith | $1.1m |