Lh Homes I Inc
Only null% goes to programs Strong reserves Growing revenue
Lh Homes I Inc is a 501(c)(3) organization based in Troy, Michigan, registered in 2004, with $111,366 in FY2023 revenue. CharityIndex grades it D.
5505 Corporate Drive Suite 300, Troy, MI, 48098 EIN 30-0226954 Since 2004
Revenue (FY2023)
$111K
▲ 9.4% vs prior year
Housing median: $408K
Expenses (FY2023)
$143K
Net assets
$517K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Lh Homes I Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating43 mo reserves · -29% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Lh Homes I Inc: 43 mo reserves · -29% margin earns a D on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Lh Homes I Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Lh Homes I Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 5505 Corporate Drive Suite 300, Troy, MI, 48098
- City
- Troy
- State
- Michigan
- Category
- Housing & Shelter
- Subcategory
- Housing Development & Management
Financial trends
Revenue grew from $101K (FY2009) to $111K (FY2023) across 12 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $35KNet assets $517K
Operating margin
-28.7%
Spent more than it raised in the latest fiscal year.
Total assets
$552K
Total liabilities
$35K
Net assets
$517K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $111,366▲9.4% | $143,380▼2.9% | $516,801▼5.8% | $551,759▼7.5% | 990 |
| 2022 | $101,801▲15.7% | $147,640▲4.9% | $548,815▼7.7% | $596,202▼5.7% | 990 |
| 2021 | $87,984▲2.1% | $140,730▲0.2% | $594,654▼8.1% | $632,341▼6.6% | 990 |
| 2020 | $86,202▲5.3% | $140,431▲11.9% | $647,400▼7.7% | $676,981▼5.9% | 990 |
| 2019 | $81,834▼7.7% | $125,504▼0.2% | $701,629▼5.9% | $719,472▼5.0% | 990 |
| 2018 | $88,671▲0.1% | $125,782▼10.4% | $745,299▼4.7% | $757,366▼4.9% | 990 |
| 2017 | $88,602▲0.2% | $140,350▲8.4% | $782,410▼6.2% | $796,291▼5.6% | 990 |
| 2016 | $88,437▲13.9% | $129,427▲1.3% | $834,158▼4.7% | $843,619▼5.3% | 990 |
| 2015 | $77,612▼0.1% | $127,766▼10.5% | $875,148▼5.4% | $890,918▼5.2% | 990 |
| 2014 | $77,670▼12.1% | $142,822▲14.0% | $925,302▼6.6% | $939,815▼5.7% | 990 |
| 2013 | $88,334 | $125,332▲5.5% | $990,454▼3.6% | $996,976▼4.5% | 990 |
| 2012 | — | $118,745▼3.1% | $1,027,452▼3.4% | $1,043,424▼2.6% | 990 |
| 2011 | — | $122,582▼8.7% | $1,063,323▼3.4% | $1,071,033▼3.9% | 990 |
| 2010 | — | $134,196▲1.2% | $1,100,684▼4.3% | $1,115,078▼4.3% | 990 |
| 2009 | $101,057 | $132,569 | $1,149,904 | $1,164,803 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Frequently asked questions
- Is Lh Homes I Inc a legitimate nonprofit?
- Yes. Lh Homes I Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 30-0226954, based in Troy, Michigan. Donations are tax-deductible.
- What is Lh Homes I Inc's EIN?
- Lh Homes I Inc's Employer Identification Number (EIN) is 30-0226954.
- How much revenue does Lh Homes I Inc report?
- Lh Homes I Inc reported $111,366 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Lh Homes I Inc have?
- CharityIndex grades Lh Homes I Inc D, based on financial health (reserves and operating margin).
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Data for Lh Homes I Inc (EIN 30-0226954) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.