Liberty Lutheran Foundation

Analysis

Liberty Lutheran Foundation is a registered charity in United States, based in Ambler, PA. It received its IRS tax-exemption ruling in April 1988, 38 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, Liberty Lutheran Foundation reported income of $2.6m and spending of $679k, leaving 74% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.3m to $2.6m (+12%), an average of +2.8% a year. The sharpest change came in the year to June 2022, when income rose by 143%. Over the whole period it spent 27% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Liberty Lutheran Foundation sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within PA. Charities of a similar size with the same main cause include M a G B Transportation Inc ($2.6m), Aid for Women Inc ($2.6m) and Swannanoa Volunteer Fire Department & Rescue Squad Inc ($2.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 40% and program service revenue 6.8% of the total. Other salaries and wages came to $156k. At year end it held assets of $47.9m against liabilities of $37k, net assets of $47.9m. It reported 2 employees.