Lily House Inc

Analysis

Lily House Inc is a registered charity in United States, based in Wellfleet, MA. It received its IRS tax-exemption ruling in December 2019, 7 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 December 2023, Lily House Inc reported income of $592k and spending of $240k, leaving 60% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $1.3m to $592k (-53%), an average of -32% a year. The sharpest change came in the year to December 2022, when income dropped by 67%. Over the whole period it spent 15% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lily House Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within MA. Charities of a similar size with the same main cause include International Commission for Dalit Rights Inc ($592k), Our Safehaven Inc ($592k) and Cumberland County Food Security Council ($591k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $143k. At year end it held assets of $2.0m against liabilities of $2,569, net assets of $2.0m. It reported 9 employees.