Lutheran Home of Jamaica Plain Inc

Analysis

Lutheran Home of Jamaica Plain Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in September 1983, 43 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3).

In the financial year ending June 2023, Lutheran Home of Jamaica Plain Inc reported income of $14.5m and spending of $15.0m, spending 103% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $14.4m to $14.5m (+0.9%), an average of +0.5% a year. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lutheran Home of Jamaica Plain Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within MA. Charities of a similar size with the same main cause include Park View Care Center ($14.5m), Ccarc Inc ($14.5m) and The Housing Company ($14.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.9% and program service revenue 98% of the total. Other salaries and wages came to $8.1m. At year end it held assets of $24.8m against liabilities of $16.1m, net assets of $8.7m. It reported 212 employees.