Wartburg Home of the Evangelical Lutheran Church

Analysis

Wartburg Home of the Evangelical Lutheran Church is a registered charity in United States, based in Mt Vernon, NY. It received its IRS tax-exemption ruling in January 1943, 83 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Wartburg Home of the Evangelical Lutheran Church reported income of $25.0m and spending of $30.0m, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $39.6m to $25.0m (-37%), an average of -11% a year. The sharpest change came in the year to December 2020, when income dropped by 19%. Over the whole period it spent 106% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Wartburg Home of the Evangelical Lutheran Church sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 96th percentile within NY. Charities of a similar size with the same main cause include Mutual Aid Ambulance Service Inc ($25.0m), Providers Insurance Corporation ($25.0m) and Valley AIDS Council ($25.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.9% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $1.2m (3.9% of expenses). Other salaries and wages came to $12.5m. At year end it held assets of $40.7m against liabilities of $24.9m, net assets of $15.8m. It reported 508 employees.