Lutheran High School Association of Greater Milwaukee Foundation

Analysis

Lutheran High School Association of Greater Milwaukee Foundation is a registered charity in United States, based in West Allis, WI. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Lutheran High School Association of Greater Milwaukee Foundation reported income of $2.5m and spending of $1.3m, leaving 47% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $783k to $2.5m (+218%), an average of +47% a year. The sharpest change came in the year to June 2021, when income rose by 153%. Over the whole period it spent 55% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lutheran High School Association of Greater Milwaukee Foundation sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within WI. Charities of a similar size with the same main cause include Midland Innovation & Technology Charter School ($2.5m), Van Andel Institute Graduate School ($2.5m) and Sicangu Owayawa Oti-Rosebud Dormitory ($2.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 107% of the total. At year end it held assets of $7.4m against liabilities of $248k, net assets of $7.2m.