Evangelical Lutheran Church in America
Analysis
Evangelical Lutheran Church in America is a registered charity in United States, based in Bala Cynwyd, PA. It received its IRS tax-exemption ruling in August 1963, 63 years ago. 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 June 2023, Evangelical Lutheran Church in America reported income of $7.8m and spending of $9.6m, spending 123% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.4m to $7.8m (+5.8%), an average of +1.4% a year. Over the whole period it spent 116% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Evangelical Lutheran Church in America sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within PA. Charities of a similar size with the same main cause include Project Live Inc ($7.8m), The Berkeley School ($7.8m) and Prologue Inc ($7.8m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.5% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $172k (1.8% of expenses). Other salaries and wages came to $3.8m. At year end it held assets of $30.6m against liabilities of $37.5m, net assets of -$6.9m. It reported 141 employees.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Contributions & grants 0.5%
- Program services 99%
- Other 0.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Project Live Inc | Newark | $7.8m |
| The Berkeley School | Berkeley | $7.8m |
| Prologue Inc | Pikesville | $7.8m |
| Compass Regional Hospice Inc | Centreville | $7.8m |