Lutheran Church Home of Buffalo Inc

Analysis

Lutheran Church Home of Buffalo Inc is a registered charity in United States, based in Lancaster, NY. It received its IRS tax-exemption ruling in August 1963, 63 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lutheran Church Home of Buffalo Inc reported income of $3.7m and spending of $3.8m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.6m to $3.7m (+3.4%), an average of +0.8% a year. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lutheran Church Home of Buffalo Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 88th percentile within NY. Charities of a similar size with the same main cause include Coalition for Family Harmony ($3.7m), Bradley Angle ($3.7m) and Emmaus Home ($3.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.0% and program service revenue 98% of the total. Other salaries and wages came to $1.9m. At year end it held assets of $8.5m against liabilities of $2.9m, net assets of $5.6m. It reported 118 employees.