Lutheran Family Services Foundation Inc

Analysis

Lutheran Family Services Foundation Inc is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in October 1992, 34 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, Lutheran Family Services Foundation Inc reported income of $83k and spending of $1.2m, spending 1396% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $899k to $83k (-91%), an average of -45% a year. The sharpest change came in the year to December 2021, when income rose by 372%. Over the whole period it spent 165% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lutheran Family Services Foundation Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 30th percentile within NE. Charities of a similar size with the same main cause include Lifted Higher Ministries ($83k), Tiara Straightened ($84k) and Blissful Dreams ($83k).

At year end it held assets of $5.6m against liabilities of $172k, net assets of $5.4m.