Lutheran Social Service of Minnesota

Analysis

Lutheran Social Service of Minnesota is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in August 1963, 63 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Lutheran Social Service of Minnesota reported income of $159.9m and spending of $160.0m, spending 100% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $113.0m to $159.9m (+41%), an average of +9.1% a year. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lutheran Social Service of Minnesota sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within MN. Charities of a similar size with the same main cause include Childnet Inc ($159.6m), Young Mens Christian Association of Greater Houston Area ($161.0m) and People Assisting the Homeless ($159.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 7.5% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $1.8m (1.1% of expenses). Other salaries and wages came to $87.0m. At year end it held assets of $94.5m against liabilities of $51.3m, net assets of $43.2m. It reported 3,554 employees.