Lutheran Counseling Services Inc

Analysis

Lutheran Counseling Services Inc is a registered charity in United States, based in Winter Park, FL. It received its IRS tax-exemption ruling in October 1990, 36 years ago. 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 June 2024, Lutheran Counseling Services Inc reported income of $1.1m and spending of $1.2m, spending 108% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $611k to $1.1m (+80%), an average of +16% a year. The sharpest change came in the year to June 2022, when income rose by 30%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lutheran Counseling Services Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 82nd percentile within FL. Charities of a similar size with the same main cause include USA Swimming Inc ($1.1m), Whole Child - Whole World School Inc ($1.1m) and Epilepsy Foundation of Northeastern New York Inc ($1.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 15% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $85k (7.2% of expenses). Other salaries and wages came to $392k. At year end it held assets of $449k against liabilities of $23k, net assets of $426k. It reported 15 employees.