Luther High School Foundation Inc

Analysis

Luther High School Foundation Inc is a registered charity in United States, based in Onalaska, WI. It received its IRS tax-exemption ruling in March 1989, 37 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Luther High School Foundation Inc reported income of $147k and spending of $122k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $41k to $147k (+255%), an average of +37% a year. The sharpest change came in the year to December 2021, when income rose by 432%. Over the whole period it spent 62% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Luther High School Foundation Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 46th percentile within WI. Charities of a similar size with the same main cause include Little League Baseball Inc ($147k), Order of the Alhambra Charity Fund Inc ($147k) and Community Housing Services Inc ($147k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% of the total. At year end it held assets of $558k against liabilities of $0, net assets of $558k.