Foundation for Lutheran Child and Family Services Indiana Inc

Analysis

Foundation for Lutheran Child and Family Services Indiana Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in January 1991, 35 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, Foundation for Lutheran Child and Family Services Indiana Inc reported income of $5.8m and spending of $3.4m, leaving 41% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.8m to $5.8m (+55%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 331%. Over the whole period it spent 38% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Foundation for Lutheran Child and Family Services Indiana Inc 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 93rd percentile, and in the 93rd percentile within IN. Charities of a similar size with the same main cause include Cornerstone Senior Communities of Remsen ($5.8m), Valley Manor of Greater Rochester Inc ($5.8m) and Family Option Inc ($5.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 29% of the total. At year end it held assets of $68.3m against liabilities of $3.2m, net assets of $65.1m.