Bartels Lutheran Home

Analysis

Bartels Lutheran Home is a registered charity in United States, based in Waverly, IA. It received its IRS tax-exemption ruling in November 1961, 65 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 December 2023, Bartels Lutheran Home reported income of $14.2m and spending of $14.8m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $13.2m to $14.2m (+7.6%), an average of +1.9% a year. The sharpest change came in the year to December 2021, when income dropped by 19%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bartels Lutheran Home sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within IA. Charities of a similar size with the same main cause include Old Order Amish Helping Program ($14.2m), Marin Child Care Council ($14.2m) and Area IV Agency on Aging and Community Action Programs Inc ($14.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.2% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $261k (1.8% of expenses). Other salaries and wages came to $6.8m. At year end it held assets of $41.7m against liabilities of $34.3m, net assets of $7.4m. It reported 315 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.