Wartburg Lutheran Home for the Aging

Analysis

Wartburg Lutheran Home for the Aging is a registered charity in United States, based in Scarsdale, NY. It received its IRS tax-exemption ruling in September 1942, 84 years ago. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Wartburg Lutheran Home for the Aging reported income of $345k and spending of $329k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $314k to $345k (+9.8%), an average of +2.4% a year. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wartburg Lutheran Home for the Aging sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 61st percentile within NY. Charities of a similar size with the same main cause include Literacy Council of Bowie & Miller Counties Inc ($344k), Lopez Childrens Center ($345k) and New Hyde Park Wildcats Soccer Club Inc ($344k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.9% and program service revenue 96% of the total. At year end it held assets of $1.1m against liabilities of $25k, net assets of $1.1m.