Fond du Lac Lutheran Home Inc

Analysis

Fond du Lac Lutheran Home Inc is a registered charity in United States, based in Watertown, WI. It received its IRS tax-exemption ruling in March 1947, 79 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 December 2023, Fond du Lac Lutheran Home Inc reported income of $8.7m and spending of $9.0m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.4m to $8.7m (+17%), an average of +4.0% a year. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fond du Lac Lutheran Home Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within WI. Charities of a similar size with the same main cause include The Armory Foundation ($8.7m), Northeast Conference ($8.7m) and Georgia Association of Rehabilitation Facilities Inc ($8.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 99% of the total. Other salaries and wages came to $2.1m. At year end it held assets of $7.3m against liabilities of $1.0m, net assets of $6.2m. It reported 109 employees.