Lutheran Seniorlife Foundation

Analysis

Lutheran Seniorlife Foundation is a registered charity in United States, based in Cranberry TWP, PA. It received its IRS tax-exemption ruling in April 1993, 33 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Lutheran Seniorlife Foundation reported income of $1.1m and spending of $719k, leaving 32% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $796k to $1.1m (+33%), an average of +7.4% a year. The sharpest change came in the year to June 2023, when income rose by 37%. Over the whole period it spent 103% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Lutheran Seniorlife Foundation sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 78th percentile within PA. Charities of a similar size with the same main cause include Soaring Spirits International ($1.1m), Arkansas Association of Correctional Employees TR ($1.1m) and Haitian Global Health Alliance Inc ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 41% and program service revenue 48% of the total. Other salaries and wages came to $315k. At year end it held assets of $7.5m against liabilities of $2.5m, net assets of $5.0m.