Eben Ezer Lutheran Housing Center

Analysis

Eben Ezer Lutheran Housing Center is a registered charity in United States, based in Brush, CO. It received its IRS tax-exemption ruling in December 1982, 44 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, Eben Ezer Lutheran Housing Center reported income of $362k and spending of $293k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $276k to $362k (+31%), an average of +7.1% a year. The sharpest change came in the year to December 2021, when income rose by 40%. Over the whole period it spent 79% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Eben Ezer Lutheran Housing Center sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 62nd percentile within CO. Charities of a similar size with the same main cause include 2ndchanceproject ($362k), Crabtree Apartments Inc ($362k) and National Church Residences of ($362k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 88% of the total. Other salaries and wages came to $39k. At year end it held assets of $696k against liabilities of $27k, net assets of $669k. It reported 3 employees.