Mid-Atlantic Lutherans in Mission Inc

Analysis

Mid-Atlantic Lutherans in Mission Inc is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in August 2017, 9 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mid-Atlantic Lutherans in Mission Inc reported income of $98k and spending of $72k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $125k to $98k (-22%), an average of -5.9% a year. The sharpest change came in the year to December 2020, when income rose by 80%. Over the whole period it spent 177% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Mid-Atlantic Lutherans in Mission Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 36th percentile within VA. Charities of a similar size with the same main cause include Giving Trees International ($98k), Capturing Poland for Christ ($98k) and Kindness Outreach Ministries Inc ($98k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $566k against liabilities of $0, net assets of $566k.