The Lutheran Church of the Resurrec Tion Inc

Analysis

The Lutheran Church of the Resurrec Tion Inc is a registered charity in United States, based in Pensacola, FL. It received its IRS tax-exemption ruling in July 1941, 85 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 December 2022, The Lutheran Church of the Resurrec Tion Inc reported income of $316k and spending of $326k, spending 103% of its income. The sharpest change came in the year to December 2021, when income dropped by 41%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Lutheran Church of the Resurrec Tion Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 66th percentile within FL. Charities of a similar size with the same main cause include Elders Action Network Inc ($316k), Venice Area Youth Soccer Association Inc ($317k) and Len Ragozin Foundation Inc ($316k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 93% and program service revenue 6.3% of the total. Compensation of current officers, directors and key employees was $81k (25% of expenses). Other salaries and wages came to $925. At year end it held assets of $1.2m against liabilities of $83k, net assets of $1.1m. It reported 4 employees.