Lutheran Sunset Ministries

Analysis

Lutheran Sunset Ministries is a registered charity in United States, based in Clifton, TX. It received its IRS tax-exemption ruling in March 2024, 2 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 December 2023, Lutheran Sunset Ministries reported income of $12.2m and spending of $12.5m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $10.1m to $12.2m (+21%), an average of +4.8% a year. The sharpest change came in the year to December 2021, when income rose by 20%. Over the whole period it spent 100% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Lutheran Sunset Ministries sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within TX. Charities of a similar size with the same main cause include Transitional Housing Corporation ($12.2m), Civic Builders Inc ($12.2m) and Innovative Student Facilities Inc ($12.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.6% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $244k (1.9% of expenses). Other salaries and wages came to $6.1m. At year end it held assets of $32.5m against liabilities of $10.6m, net assets of $21.9m. It reported 263 employees.