Lutheran Social Services of Indiana Inc

Analysis

Lutheran Social Services of Indiana Inc is a registered charity in United States, based in Fort Wayne, IN. It received its IRS tax-exemption ruling in June 1952, 74 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 Social Services of Indiana Inc reported income of $6.3m and spending of $5.7m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.8m to $6.3m (+68%), an average of +14% a year. The sharpest change came in the year to December 2020, when income rose by 35%. 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, Lutheran Social Services of Indiana Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within IN. Charities of a similar size with the same main cause include Valparaiso YMCA ($6.3m), Young Mens Christian Association of Attleboro ($6.3m) and St Joseph Food Program Inc ($6.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $458k (8.1% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $8.3m against liabilities of $618k, net assets of $7.6m. It reported 95 employees.