Lutheran Senior Services of Dover Inc

Analysis

Lutheran Senior Services of Dover Inc is a registered charity in United States, based in Dover, DE. It received its IRS tax-exemption ruling in December 1981, 45 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 June 2024, Lutheran Senior Services of Dover Inc reported income of $2.1m and spending of $2.3m, spending 112% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.9m to $2.1m (+11%), an average of +2.6% a year. Over the whole period it spent 121% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lutheran Senior Services of Dover 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 86th percentile, and in the 85th percentile within DE. Charities of a similar size with the same main cause include The E3 Ranch Foundation Inc ($2.1m), Commonworks ($2.1m) and One to Grow on 2 Inc ($2.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 60% and program service revenue 38% of the total. Other salaries and wages came to $503k. At year end it held assets of $4.4m against liabilities of $5.6m, net assets of -$1.2m. It reported 39 employees.