Northland Lutheran Affordable Living for the Elderly Inc

Analysis

Northland Lutheran Affordable Living for the Elderly Inc is a registered charity in United States, based in Marinette, WI. It received its IRS tax-exemption ruling in August 2001, 25 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Northland Lutheran Affordable Living for the Elderly Inc reported income of $106k and spending of $146k, spending 138% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $87k to $106k (+22%), an average of +5.0% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 148% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Northland Lutheran Affordable Living for the Elderly Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within WI. Charities of a similar size with the same main cause include Julia Greely Home Inc ($106k), Bridgewell Lynn Housing Corporation ($106k) and The Joy of Living Inc ($106k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $16k. At year end it held assets of $806k against liabilities of $1.2m, net assets of -$421k. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.