Lutheran School Services Organization Inc

Analysis

Lutheran School Services Organization Inc is a registered charity in United States, based in Fort Wayne, IN. It received its IRS tax-exemption ruling in September 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. 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 School Services Organization Inc reported income of $670k and spending of $755k, spending 113% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $470k to $670k (+43%), an average of +13% a year. The sharpest change came in the year to June 2021, when income rose by 25%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lutheran School Services Organization Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within IN. Charities of a similar size with the same main cause include Covenant School of Bridgeport Inc ($670k), The Thaddeus Stevens School Inc ($670k) and Heritage Park Preschool ($670k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $112k (15% of expenses). Other salaries and wages came to $134k. At year end it held assets of $238k against liabilities of $65k, net assets of $172k. It reported 6 employees.