Lutheran Education Association

Analysis

Lutheran Education Association is a registered charity in United States, based in River Forest, IL. It received its IRS tax-exemption ruling in December 1989, 37 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Lutheran Education Association reported income of $1.8m and spending of $1.3m, leaving 28% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $310k to $1.8m (+472%), an average of +55% a year. The sharpest change came in the year to June 2020, when income rose by 371%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lutheran Education Association sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within IL. Charities of a similar size with the same main cause include Longmont Christian School Inc ($1.8m), Ambassador High School ($1.8m) and Woodland Montessori School Inc ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 17% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $108k (8.5% of expenses). Other salaries and wages came to $134k. At year end it held assets of $442k against liabilities of $151k, net assets of $291k. It reported 5 employees.