Landis Quality Living

Analysis

Landis Quality Living is a registered charity in United States, based in Lititz, PA. It received its IRS tax-exemption ruling in August 2019, 7 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 June 2023, Landis Quality Living reported income of $71k and spending of $674k, spending 950% of what it took in. Across the 3 years on record, from June 2021 to June 2023, income fell from $98k to $71k (-28%), an average of -15% a year. The sharpest change came in the year to June 2022, when income rose by 278%. Over the whole period it spent 243% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Landis Quality Living sits at the 16th percentile: it is larger than about 16% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 26th percentile within PA. Charities of a similar size with the same main cause include Community Apartments Corporation of Rowan County ($71k), Jan Ying Benevolent Association of Los Angeles ($71k) and Interstate I Affordable Housing Inc ($71k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 224% and program service revenue 223% of the total. At year end it held assets of $29.0m against liabilities of $29.6m, net assets of -$594k.

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.