Lutheran Braille Evangelism Association

Analysis

Lutheran Braille Evangelism Association is a registered charity in United States, based in Inver Grove, MN. It received its IRS tax-exemption ruling in June 1958, 68 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, Lutheran Braille Evangelism Association reported income of $74k and spending of $72k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $32k to $74k (+131%), an average of +131% a year. The sharpest change came in the year to December 2023, when income rose by 131%. Over the whole period it spent 129% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lutheran Braille Evangelism Association sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 26th percentile within MN. Charities of a similar size with the same main cause include Northwest Scientific Association ($74k), T S McPheeters Trust Fbo Westminster Theological Seminary ($74k) and Legatus ($74k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 87% of the total. At year end it held assets of $364k against liabilities of $15k, net assets of $348k.