Lutheran Adoption Services Inc

Analysis

Lutheran Adoption Services Inc is a registered charity in United States, based in Detroit, MI. 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 December 2023, Lutheran Adoption Services Inc reported income of $3.3m and spending of $3.5m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.7m to $3.3m (-12%), an average of -3.1% a year. The sharpest change came in the year to December 2023, when income dropped by 16%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lutheran Adoption Services Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within MI. Charities of a similar size with the same main cause include United States Biathlon Association Inc ($3.3m), Native Directions Inc ($3.3m) and Cancer Services of Allen County Inc ($3.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.3% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $109k (3.1% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $1.8m against liabilities of $111k, net assets of $1.7m.

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.