Lutheran Life Communities Foundation

Analysis

Lutheran Life Communities Foundation is a registered charity in United States, based in Arlington HTS, IL. It received its IRS tax-exemption ruling in May 1993, 33 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 Life Communities Foundation reported income of $2.5m and spending of $2.5m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.9m to $2.5m (+32%), an average of +7.2% a year. The sharpest change came in the year to June 2020, when income rose by 56%. Over the whole period it spent 88% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Lutheran Life Communities Foundation sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within IL. Charities of a similar size with the same main cause include Veterans Life Center ($2.5m), Lovejoy Special Needs Center Corporation ($2.5m) and Habitat for Humanity International Inc ($2.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 82% of the total. Other salaries and wages came to $247k. At year end it held assets of $11.9m against liabilities of $6.3m, net assets of $5.6m. It reported 2 employees.