Louis Sandmann Senior Housing Inc

Analysis

Louis Sandmann Senior Housing Inc is a registered charity in United States, based in Coalgate, OK. It received its IRS tax-exemption ruling in May 2006, 20 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, Louis Sandmann Senior Housing Inc reported income of $82k and spending of $133k, spending 162% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $60k to $82k (+37%), an average of +8.2% a year. The sharpest change came in the year to December 2021, when income rose by 26%. Over the whole period it spent 163% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Louis Sandmann Senior Housing Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 30th percentile within OK. Charities of a similar size with the same main cause include Mason Moore Foundation ($82k), Rochester Area Crime Stoppers Inc ($82k) and Voces Ciudadanas Inc ($82k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 60% of the total. Other salaries and wages came to $16k. At year end it held assets of $651k against liabilities of $1.2m, net assets of -$562k. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.