Lutheran Social Ministries of New Jersey

Analysis

Lutheran Social Ministries of New Jersey is a registered charity in United States, based in Burlington, NJ. It received its IRS tax-exemption ruling in April 1988, 38 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 Social Ministries of New Jersey reported income of $6.6m and spending of $5.7m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $7.2m to $6.6m (-8.9%), an average of -2.3% a year. The sharpest change came in the year to December 2021, when income rose by 55%. Over the whole period it spent 76% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lutheran Social Ministries of New Jersey sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within NJ. Charities of a similar size with the same main cause include Jewish Community Center of Akron ($6.6m), Caring for Kids Inc ($6.6m) and Community Affairs & Resource Center ($6.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.3% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $1.1m (20% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $46.4m against liabilities of $14.9m, net assets of $31.5m. It reported 82 employees.