Lorain County Lutheran-Presbyterian Cooperative Ministry Inc

Analysis

Lorain County Lutheran-Presbyterian Cooperative Ministry Inc is a registered charity in United States, based in Lorain, OH. It received its IRS tax-exemption ruling in August 1992, 34 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, Lorain County Lutheran-Presbyterian Cooperative Ministry Inc reported income of $174k and spending of $124k, leaving 29% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $73k to $174k (+137%), an average of +137% a year. The sharpest change came in the year to December 2023, when income rose by 137%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lorain County Lutheran-Presbyterian Cooperative Ministry Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 51st percentile within OH. Charities of a similar size with the same main cause include Stafford Soccer Club Inc ($174k), Accesscircles Inc ($174k) and Instyle Coffee Byam ($174k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $79k against liabilities of $2,767, net assets of $76k.