American Lutheran Homes Inc

Analysis

American Lutheran Homes Inc is a registered charity in United States, based in Eau Claire, WI. It received its IRS tax-exemption ruling in November 1961, 65 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, American Lutheran Homes Inc reported income of $8.7m and spending of $8.1m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.7m to $8.7m (+12%), an average of +2.9% a year. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, American Lutheran Homes Inc sits at the 94th percentile: it is larger than about 94% 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 Independent Living Center of the Hudson Valley Inc ($8.7m), Burger King Foundation Inc ($8.7m) and Unified Vailsburg Services ($8.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.6% and program service revenue 90% of the total. Other salaries and wages came to $3.5m. At year end it held assets of $8.9m against liabilities of $4.6m, net assets of $4.3m. It reported 187 employees.