Lutheran Homes & Health Services Foundation Inc

Analysis

Lutheran Homes & Health Services Foundation Inc is a registered charity in United States, based in Watertown, WI. It received its IRS tax-exemption ruling in October 1984, 42 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, Lutheran Homes & Health Services Foundation Inc reported income of $56k and spending of $78k, spending 140% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $74k to $56k (-24%), an average of -6.8% a year. The sharpest change came in the year to December 2021, when income rose by 394%. Over the whole period it spent 107% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lutheran Homes & Health Services Foundation Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 18th percentile within WI. Charities of a similar size with the same main cause include Club Trident Aquatics ($56k), Pathways to Possibilities ($56k) and Camp to Belong Maine Inc ($56k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% of the total. At year end it held assets of $767k against liabilities of $116k, net assets of $652k.