Lutheran High School in Mayer Foundation

Analysis

Lutheran High School in Mayer Foundation is a registered charity in United States, based in Mayer, MN. It received its IRS tax-exemption ruling in March 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Lutheran High School in Mayer Foundation reported income of $606k and spending of $488k, spending 81% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $367k to $606k (+65%), an average of +13% a year. The sharpest change came in the year to July 2021, when income rose by 228%. Over the whole period it spent 58% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lutheran High School in Mayer Foundation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within MN. Charities of a similar size with the same main cause include Nassau Cooperative Nursery School ($606k), New America Corporation ($606k) and Metropolitan International Center Academy Parent Teacher Org Co ($606k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 57% of the total. At year end it held assets of $8.2m against liabilities of $1.1m, net assets of $7.1m.