Lutheran Social Services of the Southwest

Analysis

Lutheran Social Services of the Southwest is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in August 1963, 63 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 June 2023, Lutheran Social Services of the Southwest reported income of $22.5m and spending of $22.0m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $16.5m to $22.5m (+36%), an average of +8.0% a year. The sharpest change came in the year to June 2021, when income rose by 33%. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Lutheran Social Services of the Southwest 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 97th percentile, and in the 97th percentile within AZ. Charities of a similar size with the same main cause include Catholic Foundation for the Roman Catholic Church in Northern Co ($22.4m), North American Catholic Educational Programming Foundation Inc ($22.5m) and Pioneer Bible Translators ($22.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 80% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $347k (1.6% of expenses). Other salaries and wages came to $12.3m. At year end it held assets of $8.4m against liabilities of $4.0m, net assets of $4.4m. It reported 534 employees.