Lutherdale Bible Camp Inc

Analysis

Lutherdale Bible Camp Inc is a registered charity in United States, based in Elkhorn, WI. 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, Lutherdale Bible Camp Inc reported income of $1.7m and spending of $1.6m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.0m to $1.7m (-14%), an average of -3.7% a year. The sharpest change came in the year to December 2020, when income dropped by 33%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lutherdale Bible Camp Inc 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 85th percentile, and in the 85th percentile within WI. Charities of a similar size with the same main cause include Big Brothers Big Sisters of Southwest Michigan ($1.7m), Stonewall Columbus Inc ($1.7m) and Hillel the Foundation for Jewish Campus Life ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 58% of the total. Compensation of current officers, directors and key employees was $141k (8.8% of expenses). Other salaries and wages came to $329k. At year end it held assets of $6.6m against liabilities of $1.6m, net assets of $5.0m. It reported 41 employees.