Blue Valley Lutheran Homes Society

Analysis

Blue Valley Lutheran Homes Society is a registered charity in United States, based in Hebron, NE. It received its IRS tax-exemption ruling in November 1961, 65 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 June 2023, Blue Valley Lutheran Homes Society reported income of $6.5m and spending of $5.9m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.8m to $6.5m (+12%), an average of +2.9% a year. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Blue Valley Lutheran Homes Society sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within NE. Charities of a similar size with the same main cause include Personal Involvement Center Inc ($6.5m), Institute for Womens Policy Research ($6.5m) and Aging and Disability Resource Center of Brown County Inc ($6.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 29% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $173k (2.9% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $6.7m against liabilities of $5.0m, net assets of $1.8m. It reported 136 employees.