St Johns Lutheran Home

Analysis

St Johns Lutheran Home is a registered charity in United States, based in Albert Lea, MN. It received its IRS tax-exemption ruling in November 1961, 65 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, St Johns Lutheran Home reported income of $19.0m and spending of $18.0m, spending 95% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $17.7m to $19.0m (+7.1%), an average of +1.7% a year. The sharpest change came in the year to September 2023, when income rose by 21%. Over the whole period it spent 103% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, St Johns Lutheran Home sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within MN. Charities of a similar size with the same main cause include Western Sierra Medical Clinic Inc ($19.0m), Community Health Service Agency Inc ($19.0m) and Behavioral Health Response Inc ($19.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 19% and program service revenue 81% of the total. Other salaries and wages came to $7.6m. At year end it held assets of $44.2m against liabilities of $39.1m, net assets of $5.1m. It reported 379 employees.