Lutheran Military Veterans and Families Ministries

Analysis

Lutheran Military Veterans and Families Ministries is a registered charity in United States, based in Fort Wayne, IN. It received its IRS tax-exemption ruling in July 2008, 18 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable 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 December 2023, Lutheran Military Veterans and Families Ministries reported income of $206k and spending of $223k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $188k to $206k (+9.5%), an average of +2.3% a year. The sharpest change came in the year to December 2022, when income rose by 109%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lutheran Military Veterans and Families Ministries sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 53rd percentile within IN. Charities of a similar size with the same main cause include Genesee Amateur Hockey Association Inc ($206k), United Way of the Boyertown Area ($206k) and Craven Literacy Council ($206k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $60k (27% of expenses). Other salaries and wages came to $79k. At year end it held assets of $430k against liabilities of $90k, net assets of $340k. It reported 3 employees.