Lutherans Outdoors in South Dakota Inc
Analysis
Lutherans Outdoors in South Dakota Inc is a registered charity in United States, based in Sioux Falls, SD. It received its IRS tax-exemption ruling in April 1987, 39 years ago. 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 January 2024, Lutherans Outdoors in South Dakota Inc reported income of $2.4m and spending of $2.8m, spending 117% of what it took in. Across the 5 years on record, from January 2020 to January 2024, income fell from $3.9m to $2.4m (-38%), an average of -11% a year. The sharpest change came in the year to January 2022, when income dropped by 293%. Over the whole period it spent 238% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lutherans Outdoors in South Dakota Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within SD. Charities of a similar size with the same main cause include Canaan Housing Development Fund Corporation ($2.4m), The American College of Psychiatrists Inc ($2.4m) and Police Athletic League of Jacksonville Inc ($2.4m).
On its Form 990 for the period ending January 2024, revenue came from contributions and grants 44% and program service revenue 54% of the total. Other salaries and wages came to $943k. At year end it held assets of $6.0m against liabilities of $535k, net assets of $5.4m. It reported 81 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.
Income and spending
Where the income comes from
- Contributions & grants 44%
- Program services 54%
- Other 1.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Canaan Housing Development Fund Corporation | Queens VLG | $2.4m |
| The American College of Psychiatrists Inc | Chicago | $2.4m |
| Police Athletic League of Jacksonville Inc | Jacksonville | $2.4m |
| New Hope Educational Institute Inc | Landover HLS | $2.4m |