Lutheran Social Services of Illinois

Analysis

Lutheran Social Services of Illinois is a registered charity in United States, based in Des Plaines, IL. It received its IRS tax-exemption ruling in April 1988, 38 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Lutheran Social Services of Illinois reported income of $107.4m and spending of $100.1m, spending 93% of its income. Across the 3 years on record, from June 2019 to June 2023, income grew from $69.4m to $107.4m (+55%), an average of +24% a year. The sharpest change came in the year to June 2022, when income rose by 41%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lutheran Social Services of Illinois sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within IL. Charities of a similar size with the same main cause include Methodist Retirement Communities ($107.3m), Organ Procurement Agency of Michigan ($107.5m) and Rocky Mountain Health Care Services ($106.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 79% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $1.0m (1.0% of expenses). Other salaries and wages came to $54.3m. At year end it held assets of $72.3m against liabilities of $44.4m, net assets of $27.9m. It reported 1,623 employees.