Lucian Manor Affordable Housing Inc

Analysis

Lucian Manor Affordable Housing Inc is a registered charity in United States, based in Chico, CA. It received its IRS tax-exemption ruling in November 1984, 42 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 December 2023, Lucian Manor Affordable Housing Inc reported income of $447k and spending of $349k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $302k to $447k (+48%), an average of +10% a year. The sharpest change came in the year to December 2020, when income rose by 20%. Over the whole period it spent 91% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Lucian Manor Affordable Housing Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within CA. Charities of a similar size with the same main cause include Out of the Cold Centre County ($447k), Love Thy Neighbor Community Development and Opportunity Corp ($447k) and Opportunity Builders a Not-For- Profit Development Corporation ($447k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $75k. At year end it held assets of $869k against liabilities of $1.2m, net assets of -$358k.