Lutheran Social Services of Northwestern Ohio Foundation

Analysis

Lutheran Social Services of Northwestern Ohio Foundation is a registered charity in United States, based in Toledo, OH. It received its IRS tax-exemption ruling in June 1994, 32 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lutheran Social Services of Northwestern Ohio Foundation reported income of $477k and spending of $245k, leaving 49% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $477k (-57%), an average of -19% a year. The sharpest change came in the year to December 2022, when income rose by 84%. Over the whole period it spent 31% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lutheran Social Services of Northwestern Ohio Foundation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within OH. Charities of a similar size with the same main cause include American Society for Legal History ($477k), Germans From Russia Heritage Society ($477k) and Iowa Newspaper Foundation ($477k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% of the total. At year end it held assets of $5.1m against liabilities of $15k, net assets of $5.1m.