Lutheran Care Center

Analysis

Lutheran Care Center is a registered charity in United States, based in Altamont, IL. It received its IRS tax-exemption ruling in October 1979, 47 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Lutheran Care Center reported income of $5.1m and spending of $5.5m, spending 108% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $5.2m to $5.1m (-2.1%), an average of -0.5% a year. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lutheran Care Center sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within IL. Charities of a similar size with the same main cause include Cholangiocarcinoma Foundation ($5.1m), Community Friendship Inc ($5.1m) and Hillcrest Washington Youth Home Inc ($5.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 6.3% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $114k (2.1% of expenses). Other salaries and wages came to $3.0m. At year end it held assets of $3.8m against liabilities of $1.1m, net assets of $2.7m. It reported 177 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.