Lutheran Knolls West Incorporated

Analysis

Lutheran Knolls West Incorporated is a registered charity in United States, based in Boothwyn, PA. It received its IRS tax-exemption ruling in August 1993, 33 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 June 2024, Lutheran Knolls West Incorporated reported income of $662k and spending of $724k, spending 109% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $556k to $662k (+19%), an average of +3.6% a year. Over the whole period it spent 114% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Lutheran Knolls West Incorporated sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 72nd percentile within PA. Charities of a similar size with the same main cause include Sierra Gateway Senior Residence II ($662k), The Salvation Army Escondido Residences Inc ($662k) and Nba Disciples Housing of Greater Kansas City Missouri Inc ($662k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 53% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $20k (2.8% of expenses). Other salaries and wages came to $104k. At year end it held assets of $1.7m against liabilities of $115k, net assets of $1.6m.

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.