Luther Manor Foundation

Analysis

Luther Manor Foundation is a registered charity in United States, based in Dubuque, IA. It received its IRS tax-exemption ruling in April 1998, 28 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a church under section 501(c)(3).

In the financial year ending December 2021, Luther Manor Foundation reported income of $241k and spending of $180k, leaving 25% of income unspent that year. Across the 3 years on record, from December 2019 to December 2021, income grew from $117k to $241k (+106%), an average of +44% a year. The sharpest change came in the year to December 2021, when income rose by 586%. Over the whole period it spent 46% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Luther Manor Foundation sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 59th percentile within IA. Charities of a similar size with the same main cause include 512 Lemoyne Avenue Housing Development Fund Co Inc ($240k), Nina Willingham Senior Housing Inc ($241k) and Casa de Palma Inc ($240k).

At year end it held assets of $2.3m against liabilities of $788, net assets of $2.3m.