Lutherlyn Foundation
Analysis
Lutherlyn Foundation is a registered charity in United States, based in Prospect, PA. It received its IRS tax-exemption ruling in June 2012, 14 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Lutherlyn Foundation reported income of $451k and spending of $195k, leaving 57% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $228k to $451k (+98%), an average of +19% a year. The sharpest change came in the year to December 2022, when income rose by 230%. Over the whole period it spent 39% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Lutherlyn Foundation 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 69th percentile, and in the 67th percentile within PA. Charities of a similar size with the same main cause include Ministry Development Network ($451k), Spirit Filled Hearts Ministry Inc ($451k) and Vietnam Ministries and Seaof Inc ($451k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% of the total. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.
Income and spending
Where the income comes from
- Contributions & grants 86%
- Other 14%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Ministry Development Network | Westchester | $451k |
| Spirit Filled Hearts Ministry Inc | Irvine | $451k |
| Vietnam Ministries and Seaof Inc | Liberty | $451k |
| Life Care Outreach Ministry Inc | Miami | $451k |