Lutheran Home of the Good Shepherd

Analysis

Lutheran Home of the Good Shepherd is a registered charity in United States, based in New Rockford, ND. It received its IRS tax-exemption ruling in November 1961, 65 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 June 2024, Lutheran Home of the Good Shepherd reported income of $7.7m and spending of $7.5m, spending 98% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $6.6m to $7.7m (+16%), an average of +3.7% a year. The sharpest change came in the year to June 2023, when income rose by 28%. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lutheran Home of the Good Shepherd 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 94th percentile, and in the 93rd percentile within ND. Charities of a similar size with the same main cause include CHC Community Care Inc ($7.7m), Presbyterian Home Care Centers Inc ($7.7m) and Baum-Harmon Mercy Hospital ($7.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 1.8% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $181k (2.4% of expenses). Other salaries and wages came to $3.3m. At year end it held assets of $13.4m against liabilities of $4.2m, net assets of $9.3m. It reported 118 employees.