Lutheran Diaconal Association Inc

Analysis

Lutheran Diaconal Association Inc is a registered charity in United States, based in Valparaiso, IN. It received its IRS tax-exemption ruling in May 1979, 47 years ago. 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 June 2024, Lutheran Diaconal Association Inc reported income of $1.1m and spending of $755k, leaving 31% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income fell from $1.3m to $1.1m (-18%), an average of -4.8% a year. The sharpest change came in the year to June 2021, when income dropped by 28%. Over the whole period it spent 57% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lutheran Diaconal Association Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within IN. Charities of a similar size with the same main cause include Vision Communications Inc ($1.1m), American Academy for Oral Systemic Health Corp ($1.1m) and Oklahoma Saved by Grace Outreach Ministries Inc ($1.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 95% and program service revenue 4.6% of the total. Compensation of current officers, directors and key employees was $119k (16% of expenses). Other salaries and wages came to $262k. At year end it held assets of $5.5m against liabilities of $10k, net assets of $5.5m. It reported 8 employees.