Lutheran Mideast Development

Analysis

Lutheran Mideast Development is a registered charity in United States, based in West St Paul, MN. It received its IRS tax-exemption ruling in January 1968, 58 years ago. 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 December 2023, Lutheran Mideast Development reported income of $377k and spending of $326k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $333k to $377k (+13%), an average of +3.1% a year. The sharpest change came in the year to December 2023, when income rose by 64%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lutheran Mideast Development sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within MN. Charities of a similar size with the same main cause include Sudden Infant Death Services of Illinois Inc ($377k), Lutheran News ($377k) and Elgin Area Historical Society ($377k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $9,375 (2.9% of expenses). Other salaries and wages came to $18k. At year end it held assets of $485k against liabilities of $0, net assets of $485k. It reported 2 employees.