Laurel Court Inc

Analysis

Laurel Court Inc is a registered charity in United States, based in Eugene, OR. It received its IRS tax-exemption ruling in May 1998, 28 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Laurel Court Inc reported income of $69k and spending of $126k, spending 182% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $61k to $69k (+14%), an average of +3.3% a year. Over the whole period it spent 158% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Laurel Court Inc sits at the 15th percentile: it is larger than about 15% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 26th percentile within OR. Charities of a similar size with the same main cause include New Gary Community Development Corp ($69k), Mt View Estates Inc ($69k) and Ryan House Project ($69k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. Other salaries and wages came to $5,520. At year end it held assets of $569k against liabilities of $114k, net assets of $455k.

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.