Lutheran Community Home Inc

Analysis

Lutheran Community Home Inc is a registered charity in United States, based in Seymour, IN. It received its IRS tax-exemption ruling in April 1972, 54 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lutheran Community Home Inc reported income of $12.0m and spending of $11.5m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $9.2m to $12.0m (+30%), an average of +6.8% a year. The sharpest change came in the year to December 2020, when income rose by 38%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lutheran Community Home Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within IN. Charities of a similar size with the same main cause include Atlanta Heights Charter School Inc ($12.0m), St Ann Center for Intergenerational Care Inc ($12.0m) and Hebrew Seniorlife Hospice Care Inc ($12.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.7% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $190k (1.7% of expenses). Other salaries and wages came to $6.2m. At year end it held assets of $22.9m against liabilities of $8.3m, net assets of $14.7m. It reported 239 employees.