Lutheran Home of Central New York

Analysis

Lutheran Home of Central New York is a registered charity in United States, based in Clinton, NY. It received its IRS tax-exemption ruling in September 2015, 11 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, Lutheran Home of Central New York reported income of $2.0m and spending of $2.4m, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.8m to $2.0m (-49%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 28%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lutheran Home of Central New York sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 83rd percentile within NY. Charities of a similar size with the same main cause include Dental3 ($2.0m), Calling Care Services Inc ($2.0m) and Mothers Without Borders ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.0% and program service revenue 84% of the total. Other salaries and wages came to $1.0m. At year end it held assets of $12.2m against liabilities of $2.3m, net assets of $9.9m. It reported 58 employees.