Wittenberg Lutheran Village Endowment Corporation

Analysis

Wittenberg Lutheran Village Endowment Corporation is a registered charity in United States, based in Crown Point, IN. It received its IRS tax-exemption ruling in October 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 2023, Wittenberg Lutheran Village Endowment Corporation reported income of $4.4m and spending of $5.6m, spending 126% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $4.4m to $4.4m (-0.2%), an average of -0.1% a year. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wittenberg Lutheran Village Endowment Corporation sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within IN. Charities of a similar size with the same main cause include Planned Lifetime Assistance Network of Massachusetts Inc ($4.4m), University Dental Health Services Inc ($4.4m) and Mid-America Reformed Seminary ($4.4m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $1.7m. At year end it held assets of $44.3m against liabilities of $20.1m, net assets of $24.3m.