Lutheran Social Ministries at Cranes Mill Inc

Analysis

Lutheran Social Ministries at Cranes Mill Inc is a registered charity in United States, based in Burlington, NJ. It received its IRS tax-exemption ruling in February 1996, 30 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Social Ministries at Cranes Mill Inc reported income of $27.4m and spending of $30.0m, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $32.2m to $27.4m (-15%), an average of -3.9% a year. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lutheran Social Ministries at Cranes Mill Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within NJ. Charities of a similar size with the same main cause include Quarryville Presbyterian Retirement Community ($27.4m), Feeding America Kentuckys Heartland Inc ($27.5m) and Second Family Inc ($27.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 96% of the total. Other salaries and wages came to $5.7m. At year end it held assets of $109.3m against liabilities of $112.8m, net assets of -$3.5m. It reported 175 employees.