Artman Lutheran Home

Analysis

Artman Lutheran Home is a registered charity in United States, based in Ambler, PA. It received its IRS tax-exemption ruling in August 1963, 63 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 June 2023, Artman Lutheran Home reported income of $22.2m and spending of $21.4m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $19.0m to $22.2m (+17%), an average of +4.0% 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, Artman Lutheran Home sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within PA. Charities of a similar size with the same main cause include Camden County Partnership for Children Inc ($22.2m), Institute for Latino Progress ($22.2m) and Sjo Kids Inc ($22.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.6% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $2,500 (0.0% of expenses). Other salaries and wages came to $9.6m. At year end it held assets of $54.2m against liabilities of $24.7m, net assets of $29.5m. It reported 365 employees.