Lutheran Congregational Services Inc

Analysis

Lutheran Congregational Services Inc is a registered charity in United States, based in Ambler, PA. It received its IRS tax-exemption ruling in November 1973, 53 years ago. 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, Lutheran Congregational Services Inc reported income of $351k and spending of $399k, spending 114% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $207k to $351k (+69%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 158%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lutheran Congregational Services Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 62nd percentile within PA. Charities of a similar size with the same main cause include Morgan-Scott Project for Co-Operative Christian Concerns ($351k), House of Prayer for All the Nations ($351k) and Harvard Glee Club Alumni Inc ($351k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 0.6% of the total. Other salaries and wages came to $88k. At year end it held assets of $116k against liabilities of $813k, net assets of -$697k. It reported 2 employees.