Luthern Services for the Developmentally Disabled Inc

Analysis

Luthern Services for the Developmentally Disabled Inc is a registered charity in United States, based in Frederiksted, VI. It received its IRS tax-exemption ruling in September 1988, 38 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 September 2023, Luthern Services for the Developmentally Disabled Inc reported income of $138k and spending of $140k, spending 101% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $105k to $138k (+31%), an average of +7.1% a year. The sharpest change came in the year to September 2022, when income rose by 29%. Over the whole period it spent 125% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Luthern Services for the Developmentally Disabled Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 49th percentile within VI. Charities of a similar size with the same main cause include Centura Educational Foundation ($138k), Phi Beta Kappa Society ($138k) and Cedarburg Grafton Rotary Foundation ($138k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 94% and program service revenue 0.8% of the total. At year end it held assets of $185k against liabilities of $505k, net assets of -$319k.