La-Shai House Inc

Analysis

La-Shai House Inc is a registered charity in United States, based in Oviedo, FL. It received its IRS tax-exemption ruling in July 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 December 2023, La-Shai House Inc reported income of $459k and spending of $434k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $256k to $459k (+79%), an average of +80% a year. The sharpest change came in the year to December 2023, when income rose by 79%. Over the whole period it spent 89% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, La-Shai House Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within FL. Charities of a similar size with the same main cause include Ahepa-Penelope 38 Apartments Inc ($458k), National Church Residences ($459k) and Allendale Housing Inc ($458k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $76k (17% of expenses). Other salaries and wages came to $36k. At year end it held assets of $62k against liabilities of $7,001, net assets of $55k.