Lutheran Hispanic Missionaryinstitute

Analysis

Lutheran Hispanic Missionaryinstitute is a registered charity in United States, based in El Paso, TX. It received its IRS tax-exemption ruling in March 2008, 18 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 2024, Lutheran Hispanic Missionaryinstitute reported income of $101k and spending of $142k, spending 140% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $81k to $101k (+25%), an average of +25% a year. The sharpest change came in the year to June 2024, when income rose by 25%. Over the whole period it spent 154% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Lutheran Hispanic Missionaryinstitute sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 40th percentile within TX. Charities of a similar size with the same main cause include Priceless Grace Ministries ($101k), Keren Zichron Yisroel Meier Inc ($101k) and Evangelist Carl L Brown Ministries ($101k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 63% and program service revenue 5.4% of the total. At year end it held assets of $217k against liabilities of $71k, net assets of $146k.