Lutheran Senior Services of Sussex County Inc

Analysis

Lutheran Senior Services of Sussex County Inc is a registered charity in United States, based in Milford, DE. It received its IRS tax-exemption ruling in October 1985, 41 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 Sussex County Inc reported income of $578k and spending of $565k, spending 98% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $539k to $578k (+7.2%), an average of +1.8% a year. Over the whole period it spent 96% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Lutheran Senior Services of Sussex County Inc 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 72nd percentile, and in the 67th percentile within DE. Charities of a similar size with the same main cause include CJK Community Homes ($578k), Waimanalo Village Residents Corporation ($578k) and Bethel Towers Inc ($578k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. Other salaries and wages came to $70k. At year end it held assets of $1.3m against liabilities of $1.6m, net assets of -$347k.