Graceworks Lutheran Services

Analysis

Graceworks Lutheran Services is a registered charity in United States, based in Dayton, OH. It received its IRS tax-exemption ruling in September 1985, 41 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Graceworks Lutheran Services reported income of $38.3m and spending of $38.1m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $30.1m to $38.3m (+27%), an average of +6.2% a year. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Graceworks Lutheran Services sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within OH. Charities of a similar size with the same main cause include Shepherd of the Valley Lutheran Retirement Services Inc ($38.3m), Immanuel Caring Ministries Inc ($38.3m) and Mid Florida Community Services Inc ($38.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.3% and program service revenue 96% of the total. Other salaries and wages came to $20.5m. At year end it held assets of $24.6m against liabilities of $30.9m, net assets of -$6.3m. It reported 620 employees.