Louison Properties Inc

Analysis

Louison Properties Inc is a registered charity in United States, based in Adams, MA. It received its IRS tax-exemption ruling in April 2023, 3 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 September 2023, Louison Properties Inc reported income of $548k and spending of $69k, leaving 87% of income unspent that year. Across the 4 years on record, from September 2020 to September 2023, income grew from $84 to $548k (+652539%), an average of +1769% a year. The sharpest change came in the year to September 2022, when income rose by 45267%. Over the whole period it spent 33% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Louison Properties Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within MA. Charities of a similar size with the same main cause include Livegirl ($548k), Alternatives to Violence Inc ($548k) and Trees for Charity Foundation Inc ($548k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $3.1m against liabilities of $2.1m, net assets of $939k.