Peace Lutheran School Association Inc

Analysis

Peace Lutheran School Association Inc is a registered charity in United States, based in Antigo, WI. It received its IRS tax-exemption ruling in November 2019, 7 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Peace Lutheran School Association Inc reported income of $273k and spending of $116k, leaving 57% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $200k to $273k (+37%), an average of +8.1% a year. The sharpest change came in the year to December 2022, when income rose by 215%. Over the whole period it spent 30% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Peace Lutheran School Association Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within WI. Charities of a similar size with the same main cause include Infinite Insight Inc ($273k), Lake Cities Education Foundation Inc ($273k) and American Society of Retina Specialists Inc ($273k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $2.4m against liabilities of $0, net assets of $2.4m.