Grace Lutheran Church

Analysis

Grace Lutheran Church is a registered charity in United States, based in Bandera, TX. It received its IRS tax-exemption ruling in September 2009, 17 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 December 2023, Grace Lutheran Church reported income of $443k and spending of $442k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $393k to $443k (+13%), an average of +3.1% a year. The sharpest change came in the year to December 2022, when income rose by 28%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Grace Lutheran Church sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 73rd percentile within TX. Charities of a similar size with the same main cause include Homefront America Inc ($443k), Pee Wee Angels Christian Learners Center ($443k) and Durand Shepherds Fold Conference of the Society of St Vincent de Pa ($443k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.5% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $99k (22% of expenses). Other salaries and wages came to $222k. At year end it held assets of $105k against liabilities of $0, net assets of $105k. It reported 22 employees.