Lutheran Community Home Foundation Inc

Analysis

Lutheran Community Home Foundation Inc is a registered charity in United States, based in Seymour, IN. It received its IRS tax-exemption ruling in August 1981, 45 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, Lutheran Community Home Foundation Inc reported income of $378k and spending of $105k, leaving 72% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $547k to $378k (-31%), an average of -8.8% a year. The sharpest change came in the year to December 2021, when income rose by 312%. Over the whole period it spent 21% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lutheran Community Home Foundation Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within IN. Charities of a similar size with the same main cause include Alamance Citizens for a Drug Free Community ($378k), Renewed Life Christian Counseling Center Inc ($378k) and Tip of the Spear Landmine Removal Inc ($378k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.9% of the total. At year end it held assets of $6.0m against liabilities of $0, net assets of $6.0m.