Lutheran Senior Services East

Analysis

Lutheran Senior Services East is a registered charity in United States, based in Brentwood, MO. It received its IRS tax-exemption ruling in November 2024, 2 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 Senior Services East reported income of $177.4m and spending of $173.9m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $234.0m to $177.4m (-24%), an average of -6.7% a year. The sharpest change came in the year to December 2022, when income dropped by 24%. Over the whole period it spent 92% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Lutheran Senior Services East 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 100th percentile, and in the 99th percentile within MO. Charities of a similar size with the same main cause include Hope Network ($165.6m), Philadelphia Housing Development Corporation ($179.7m) and Westhab Inc ($151.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.0% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $2.4m (1.4% of expenses). Other salaries and wages came to $23.7m. At year end it held assets of $392.3m against liabilities of $273.4m, net assets of $118.9m. It reported 1,155 employees.