Adams County Lutheran Education Association

Analysis

Adams County Lutheran Education Association is a registered charity in United States, based in Hastings, NE. It received its IRS tax-exemption ruling in October 2006, 20 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Adams County Lutheran Education Association reported income of $433k and spending of $435k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $282k to $433k (+53%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 54%. Over the whole period it spent 91% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Adams County Lutheran Education Association 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 68th percentile, and in the 67th percentile within NE. Charities of a similar size with the same main cause include Elkin Educational Foundation ($433k), United Way of Walton County ($433k) and Unto the Least of These Inc ($433k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% of the total. At year end it held assets of $23k against liabilities of $0, net assets of $23k.