Lutheran Church Charities Fund

Analysis

Lutheran Church Charities Fund is a registered charity in United States, based in Northbrook, IL. It received its IRS tax-exemption ruling in July 1985, 41 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 January 2024, Lutheran Church Charities Fund reported income of $3.1m and spending of $3.5m, spending 110% of what it took in. Across the 5 years on record, from January 2020 to January 2024, income grew from $2.8m to $3.1m (+13%), an average of +3.2% a year. The sharpest change came in the year to January 2022, when income rose by 42%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lutheran Church Charities Fund sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within IL. Charities of a similar size with the same main cause include Community Help Center ($3.1m), Boulder Food Rescue ($3.1m) and Recapturing the Vision International Inc ($3.1m).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 56% and program service revenue 43% of the total. Compensation of current officers, directors and key employees was $208k (6.0% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $4.5m against liabilities of $174k, net assets of $4.3m. It reported 31 employees.