Lutheran Service Society Foundation

Analysis

Lutheran Service Society Foundation is a registered charity in United States, based in Amherst, NY. It received its IRS tax-exemption ruling in October 1992, 34 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lutheran Service Society Foundation reported income of $65k and spending of $7,700, leaving 88% of income unspent that year. Across the 5 years on record, from January 2020 to December 2023, income grew from $34k to $65k (+91%), an average of +18% a year. The sharpest change came in the year to December 2022, when income rose by 1564%. Over the whole period it spent 7.2% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lutheran Service Society Foundation sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within NY. Charities of a similar size with the same main cause include Muskegon Big Red Athletic Foundation Inc ($65k), CLC Independent Living Inc ($65k) and International Disciple Training ($65k).

At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.