Lawndale Senior Housing Inc

Analysis

Lawndale Senior Housing Inc is a registered charity in United States, based in Warren, MI. It received its IRS tax-exemption ruling in January 1988, 38 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Lawndale Senior Housing Inc reported income of $962k and spending of $864k, spending 90% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $849k to $962k (+13%), an average of +3.2% a year. Over the whole period it spent 90% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Lawndale Senior Housing Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within MI. Charities of a similar size with the same main cause include Hope Fair Housing Center ($961k), Rebuilding Together Thurston County ($962k) and NCC Neumann Senior Housing Corporation ($961k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 74% and program service revenue 26% of the total. At year end it held assets of $2.5m against liabilities of $2.9m, net assets of -$349k.