Carroll Lutheran Village Inc

Analysis

Carroll Lutheran Village Inc is a registered charity in United States, based in Westminster, MD. It received its IRS tax-exemption ruling in March 1980, 46 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 2023, Carroll Lutheran Village Inc reported income of $33.2m and spending of $34.4m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $33.1m to $33.2m (+0.3%), an average of +0.1% a year. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Carroll Lutheran Village Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within MD. Charities of a similar size with the same main cause include Jay Nolan Community Services Inc ($33.2m), North East Educational and Developmental Supports Center Inc ($33.3m) and East Bay Integrated Care Inc ($33.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.6% and program service revenue 97% of the total. Other salaries and wages came to $11.7m. At year end it held assets of $114.5m against liabilities of $93.0m, net assets of $21.5m. It reported 433 employees.