Lutheran Family Service

Analysis

Lutheran Family Service is a registered charity in United States, based in Fort Dodge, IA. It received its IRS tax-exemption ruling in December 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Lutheran Family Service reported income of $1.8m and spending of $2.2m, spending 122% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.0m to $1.8m (+74%), an average of +15% a year. The sharpest change came in the year to June 2022, when income rose by 109%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lutheran Family Service sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 87th percentile within IA. Charities of a similar size with the same main cause include Homes Not Borders Inc ($1.8m), Precious Angels ($1.8m) and Bethlehem Preschool Incorporated ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 53% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $117k (5.4% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $1.5m against liabilities of $509k, net assets of $993k. It reported 36 employees.