Lutheran Community Services Inc

Analysis

Lutheran Community Services Inc is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in December 1970, 56 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Lutheran Community Services Inc reported income of $2.2m and spending of $1.7m, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $2.2m (+40%), an average of +8.8% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lutheran Community Services Inc 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 87th percentile, and in the 85th percentile within DE. Charities of a similar size with the same main cause include Living in Familiar Environments ($2.2m), Child Day Care Association ($2.2m) and Society of St Vincent de Paul of Kenosha ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $94k (5.5% of expenses). Other salaries and wages came to $388k. At year end it held assets of $3.3m against liabilities of $264k, net assets of $3.0m. It reported 13 employees.