Lutheran Social Service of the South Inc

Analysis

Lutheran Social Service of the South Inc is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in November 1961, 65 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, Lutheran Social Service of the South Inc reported income of $117.8m and spending of $119.1m, spending 101% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $79.0m to $117.8m (+49%), an average of +10% a year. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lutheran Social Service of the South Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 100th percentile within TX. Charities of a similar size with the same main cause include Melwood Horticultural Training Center Inc ($117.3m), Nysarc Inc ($118.1m) and Child Action Incorporated ($117.0m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 87% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $2.8m (2.4% of expenses). Other salaries and wages came to $63.3m. At year end it held assets of $74.0m against liabilities of $19.6m, net assets of $54.4m. It reported 1,434 employees.