Lexington House of Elkhart Inc

Analysis

Lexington House of Elkhart Inc is a registered charity in United States, based in Elkhart, IN. It received its IRS tax-exemption ruling in April 2021, 5 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, Lexington House of Elkhart Inc reported income of $358k and spending of $229k, leaving 36% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $204k to $358k (+76%), an average of +33% a year. The sharpest change came in the year to December 2023, when income rose by 38%. Over the whole period it spent 60% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lexington House of Elkhart Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within IN. Charities of a similar size with the same main cause include Poohs Corner Inc ($358k), Christmas in the Wards ($358k) and Ethaar Inc ($358k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $62k (27% of expenses). Other salaries and wages came to $69k. At year end it held assets of $326k against liabilities of $0, net assets of $326k. It reported 4 employees.