Lutheran Family Services of Colorado Foundation Inc

Analysis

Lutheran Family Services of Colorado Foundation Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in September 2007, 19 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Lutheran Family Services of Colorado Foundation Inc reported income of $152k and spending of $54k, leaving 64% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $41k to $152k (+271%), an average of +39% a year. The sharpest change came in the year to June 2021, when income rose by 646%. Over the whole period it spent 36% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Lutheran Family Services of Colorado Foundation Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 44th percentile within CO. Charities of a similar size with the same main cause include Apache Youth Ministries Inc ($152k), Vaad Haeruv of Rockland ($152k) and Mark Jones Ministries Inc ($152k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 67% of the total. At year end it held assets of $3.0m against liabilities of $740k, net assets of $2.2m.