Lutheran Housing Services 6 Incorporated
EIN: 341364623 · Oregon, OH
| Metric | Value |
|---|---|
| Total Revenue | $529K |
| Total Expenses | $605K |
| Net Assets | $-3,319,795 |
Is Lutheran Housing Services 6 Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lutheran Housing Services 6 Incorporated
Lutheran Housing Services 6 Incorporated (EIN: 341364623) is a nonprofit organization based in Oregon, OH. The organization reported total revenue of $529K and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lutheran Housing Services 6 Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lutheran Housing Services 6 Incorporated is a small nonprofit that has been operating for 44 years, with 14 years of IRS 990 filings on record (2010–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $513K |
| Total Expenses | $605K |
| Surplus / Deficit | $-91,517 |
| Total Assets | $1.1M |
| Total Liabilities | $4.4M |
| Net Assets | $-3,319,795 |
| Operating Margin | -17.8% |
| Debt-to-Asset Ratio | 414.4% |
| Months of Reserves | 21.0 months |
Financial Health Grade: C
In 2023, Lutheran Housing Services 6 Incorporated reported a deficit of $92K with expenses exceeding revenue, holds 21.0 months of operating reserves (strong position), has a debt-to-asset ratio of 414.4% (high leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.2% | -19.4% | -3.9% |
| 2022 | +5.1% | -6.7% | -10.7% |
| 2021 | -2.0% | -0.8% | -9.8% |
| 2020 | -5.3% | +3.5% | -10.7% |
| 2019 | +2.5% | -0.1% | -8.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1982 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lutheran Housing Services 6 Incorporated has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Lutheran Housing Services 6 Incorporated with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $92K, with expenses exceeding revenue.
- Debt-to-asset ratio: 414.4%.
Frequently Asked Questions about Lutheran Housing Services 6 Incorporated
Is Lutheran Housing Services 6 Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Lutheran Housing Services 6 Incorporated (EIN: 341364623) insufficient data. 0 red flags identified, 0 strengths noted.
How does Lutheran Housing Services 6 Incorporated spend its money?
Detailed spending breakdown data is not yet available for Lutheran Housing Services 6 Incorporated. Check back for updated IRS 990 analysis.
Are donations to Lutheran Housing Services 6 Incorporated tax-deductible?
Lutheran Housing Services 6 Incorporated is registered as a tax-exempt nonprofit (EIN: 341364623). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lutheran Housing Services 6 Incorporated located?
Lutheran Housing Services 6 Incorporated is headquartered in Oregon, Ohio and files with the IRS under EIN 341364623.
How many years of IRS 990 filings does Lutheran Housing Services 6 Incorporated have?
Lutheran Housing Services 6 Incorporated has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $529K in total revenue.
Filing History
IRS 990 filing history for Lutheran Housing Services 6 Incorporated showing financial trends over 14 years of public records:
In its most recent filing year (2023), Lutheran Housing Services 6 Incorporated reported a deficit of $92K, with expenses exceeding revenue. The organization holds $4.4M in liabilities against $1.1M in assets (debt-to-asset ratio: 414.4%), resulting in net assets of $-3,319,795.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $513K | $605K | $1.1M | $4.4M | — | — |
| 2022 | $514K | $750K | $1.1M | $4.3M | — | View 990 |
| 2021 | $489K | $804K | $1.2M | $4.2M | — | View 990 |
| 2020 | $499K | $811K | $1.4M | $4.0M | — | View 990 |
| 2019 | $527K | $783K | $1.5M | $3.9M | — | View 990 |
| 2018 | $514K | $784K | $1.7M | $3.8M | — | View 990 |
| 2017 | $513K | $770K | $1.8M | $3.6M | — | View 990 |
| 2016 | $507K | $774K | $1.9M | $3.5M | — | View 990 |
| 2015 | $500K | $736K | $2.2M | $3.5M | — | View 990 |
| 2014 | $482K | $763K | $2.2M | $3.3M | — | View 990 |
| 2013 | $504K | $744K | $2.5M | $3.3M | — | View 990 |
| 2012 | $627K | $699K | $2.6M | $3.2M | — | View 990 |
| 2011 | $243K | $361K | $2.4M | $2.8M | — | View 990 |
| 2010 | $0 | $0 | $-227,153 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $513K, expenses of $605K, and assets of $1.1M (revenue -0.2% year-over-year).
- 2022: Revenue of $514K, expenses of $750K, and assets of $1.1M (revenue +5.1% year-over-year).
- 2021: Revenue of $489K, expenses of $804K, and assets of $1.2M (revenue -2.0% year-over-year).
- 2020: Revenue of $499K, expenses of $811K, and assets of $1.4M (revenue -5.3% year-over-year).
- 2019: Revenue of $527K, expenses of $783K, and assets of $1.5M (revenue +2.5% year-over-year).
- 2018: Revenue of $514K, expenses of $784K, and assets of $1.7M (revenue +0.3% year-over-year).
- 2017: Revenue of $513K, expenses of $770K, and assets of $1.8M (revenue +1.1% year-over-year).
- 2016: Revenue of $507K, expenses of $774K, and assets of $1.9M (revenue +1.4% year-over-year).
- 2015: Revenue of $500K, expenses of $736K, and assets of $2.2M (revenue +3.6% year-over-year).
- 2014: Revenue of $482K, expenses of $763K, and assets of $2.2M (revenue -4.3% year-over-year).
- 2013: Revenue of $504K, expenses of $744K, and assets of $2.5M (revenue -19.5% year-over-year).
- 2012: Revenue of $627K, expenses of $699K, and assets of $2.6M (revenue +157.9% year-over-year).
- 2011: Revenue of $243K, expenses of $361K, and assets of $2.4M.
- 2010: Revenue of $0, expenses of $0, and assets of $-227,153.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lutheran Housing Services 6 Incorporated:
Data Sources and Methodology
This transparency report for Lutheran Housing Services 6 Incorporated is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.