National Lutheran Choir Corporation

Analysis

National Lutheran Choir Corporation is a registered charity in United States, based in Edina, MN. It received its IRS tax-exemption ruling in March 1987, 39 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, National Lutheran Choir Corporation reported income of $614k and spending of $652k, spending 106% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $660k to $614k (-7.0%), an average of -2.4% a year. The sharpest change came in the year to June 2022, when income rose by 31%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, National Lutheran Choir Corporation sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within MN. Charities of a similar size with the same main cause include Partnership for the Advancement & Immersion of Refugees ($614k), American Ukrainian Youth Association Inc ($614k) and Habitat for Humanity International Inc ($614k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 82% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $155k (24% of expenses). Other salaries and wages came to $158k. At year end it held assets of $532k against liabilities of $4,833, net assets of $527k. It reported 11 employees.