Lutheran Haven

Analysis

Lutheran Haven is a registered charity in United States, based in Oviedo, FL. It received its IRS tax-exemption ruling in March 1949, 77 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Lutheran Haven reported income of $11.6m and spending of $12.0m, spending 104% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $13.7m to $11.6m (-15%), an average of -4.0% a year. The sharpest change came in the year to August 2022, when income dropped by 32%. Over the whole period it spent 105% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lutheran Haven sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within FL. Charities of a similar size with the same main cause include Lambeth House Inc ($11.6m), Communtiy Action Partnership of Cambria County Inc ($11.6m) and Trinity Village Inc ($11.6m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 8.7% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $415k (3.4% of expenses). Other salaries and wages came to $4.4m. At year end it held assets of $46.8m against liabilities of $34.1m, net assets of $12.7m. It reported 200 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.