Luther Home of Mercy

Analysis

Luther Home of Mercy is a registered charity in United States, based in Williston, OH. It received its IRS tax-exemption ruling in November 1961, 65 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Luther Home of Mercy reported income of $23.2m and spending of $26.2m, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $23.4m to $23.2m (-1.0%), an average of -0.3% a year. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Luther Home of Mercy sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within OH. Charities of a similar size with the same main cause include Lakeshore Community Services Inc ($23.2m), McBride Quality Care Services Inc ($23.2m) and Westside Habilitation Center ($23.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 10% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $76k (0.3% of expenses). Other salaries and wages came to $14.2m. At year end it held assets of $22.5m against liabilities of $3.9m, net assets of $18.5m. It reported 537 employees.