Lutheran Center at Poughkeepsie Inc

Analysis

Lutheran Center at Poughkeepsie Inc is a registered charity in United States, based in Scarsdale, NY. It received its IRS tax-exemption ruling in December 1995, 31 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Center at Poughkeepsie Inc reported income of $21.2m and spending of $21.9m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $20.7m to $21.2m (+2.8%), an average of +0.7% a year. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Lutheran Center at Poughkeepsie Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within NY. Charities of a similar size with the same main cause include Mount Zion Baptist World Missions ($21.2m), Melvin J Berman Hebrew Academy ($21.5m) and Commission to Every Nation Inc ($21.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.5% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $172k (0.8% of expenses). Other salaries and wages came to $9.4m. At year end it held assets of $11.3m against liabilities of $10.1m, net assets of $1.3m. It reported 295 employees.