Lambert House

Analysis

Lambert House is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in April 1981, 45 years ago. 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 2022, Lambert House reported income of $897k and spending of $780k, spending 87% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $671k to $897k (+34%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 118%. Over the whole period it spent 63% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lambert House sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 77th percentile within WA. Charities of a similar size with the same main cause include The Friends of Arizona Highways Magazine Foundation ($897k), Wellmont-Madison House Alzheimers Center of Upper E Tennessee ($897k) and Habitat for Humanity International Inc ($897k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 99% and program service revenue 0.8% of the total. Other salaries and wages came to $241k. It paid $516 in professional fundraising fees. At year end it held assets of $3.4m against liabilities of $1.3m, net assets of $2.1m. It reported 5 employees.