Luther House

Analysis

Luther House is a registered charity in United States, based in Westlake, OH. It received its IRS tax-exemption ruling in March 1999, 27 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Luther House reported income of $3.6m and spending of $4.5m, spending 126% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $41 to $3.6m (+8766710%), an average of +1621% a year. The sharpest change came in the year to December 2020, when income rose by 281702%. Over the whole period it spent 207% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Luther House sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within OH. Charities of a similar size with the same main cause include Presidential Gardens Neighborhood Association Inc ($3.6m), Metairie Manor Inc ($3.6m) and South Park Inn Inc ($3.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.9% and program service revenue 95% of the total. Other salaries and wages came to $769k. At year end it held assets of $39.7m against liabilities of $38.9m, net assets of $787k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.