Lutheran High Northeast

Analysis

Lutheran High Northeast is a registered charity in United States, based in Norfolk, NE. It received its IRS tax-exemption ruling in January 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Lutheran High Northeast reported income of $2.3m and spending of $2.4m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.6m to $2.3m (+41%), an average of +9.1% a year. The sharpest change came in the year to June 2022, when income rose by 178%. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lutheran High Northeast sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within NE. Charities of a similar size with the same main cause include Kreiva Academy Public Charter School ($2.3m), Communities in Schools of New Mexico ($2.3m) and Surry Community College Foundation ($2.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 54% and program service revenue 40% of the total. Compensation of current officers, directors and key employees was $84k (3.6% of expenses). Other salaries and wages came to $961k. At year end it held assets of $8.3m against liabilities of $746k, net assets of $7.5m. It reported 58 employees.