Colegio Americano Luterano

Analysis

Colegio Americano Luterano is a registered charity in United States, based in Libertyville, IL. It received its IRS tax-exemption ruling in September 2016, 10 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Colegio Americano Luterano reported income of $176k and spending of $174k, spending 99% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $614k to $176k (-71%), an average of -34% a year. The sharpest change came in the year to December 2021, when income dropped by 40%. Over the whole period it spent 72% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Colegio Americano Luterano sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 51st percentile within IL. Charities of a similar size with the same main cause include Darlene Bishop Ministries ($176k), Iglesia Evangelica El Cordero Inc ($176k) and Womens Walk with Christ ($176k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $638k against liabilities of $0, net assets of $638k.