Housing & Shelter
(L20Z)
IRS Verified
DX Registered
990 on File
LTSC COMMUNITY DEVELOPMENT CORPORATION
Financial strength (30%)
76/100
Reliability (20%)
55/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$27.5M
Total Revenue
$18.9M
Total Expenses
$59.3M
Net Assets
145
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
87.3%
Fundraising Efficiency
96.3%
Operating Reserve
37.55x
Liability-to-Asset
68.5%
Revenue Diversification
69.4%
Compared with Peers
FY 2024
Compared with 456 similar organizations
(United States, Housing & Shelter, $10M–$100M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
87.3% | 87.9% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
9.5% | 10.3% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
3.2% | 0.0% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
96.3% | 546.2% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
37.6 mo | 6.7 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
68.5% | 61.2% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
69.4% | 91.0% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
23.7% | 9.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
18.5% | 7.9% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
31.2% | 0.4% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $27.5M | $18.9M | $59.3M | 87.3% | 145 |
| 2023 | $22.3M | $16.0M | $48.4M | 84.6% | 126 |
| 2022 | $23.6M | $13.9M | $40.6M | 85.8% | 137 |
| 2021 | $26.6M | $12.4M | N/A | — | 135 |
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