L & M United Homes

Analysis

L & M United Homes is a registered charity in United States, based in Arlington, TX. It received its IRS tax-exemption ruling in February 2020, 6 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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, L & M United Homes reported income of $199k and spending of $195k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $297k to $199k (-33%), an average of -33% a year. The sharpest change came in the year to December 2023, when income dropped by 33%. Over the whole period it spent 99% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, L & M United Homes sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 58th percentile within TX. Charities of a similar size with the same main cause include Our Firefighters Childrens Foundation ($199k), Freedom of Information Foundation of Texas ($199k) and Instituto Cubano Por LA Libertad de Expresion Y Prensa Inc ($199k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 68% of the total. At year end it held assets of $4,000 against liabilities of $0, net assets of $4,000.