United Lutheran Program for the Aging Inc

Analysis

United Lutheran Program for the Aging Inc is a registered charity in United States, based in Wauwatosa, WI. It received its IRS tax-exemption ruling in January 1963, 63 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, United Lutheran Program for the Aging Inc reported income of $29.7m and spending of $30.1m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $30.1m to $29.7m (-1.4%), an average of -0.3% a year. The sharpest change came in the year to December 2022, when income dropped by 19%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, United Lutheran Program for the Aging Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within WI. Charities of a similar size with the same main cause include North American Family Institute Inc ($29.6m), James Barry-Robinson Institute ($29.7m) and Kendal at Ithaca ($29.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.9% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $894k (3.0% of expenses). Other salaries and wages came to $13.2m. At year end it held assets of $45.1m against liabilities of $22.7m, net assets of $22.4m. It reported 553 employees.