Lutheran Social Services of Nevada

Analysis

Lutheran Social Services of Nevada is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in July 1998, 28 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Lutheran Social Services of Nevada reported income of $3.3m and spending of $3.3m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.2m to $3.3m (+4.3%), an average of +1.1% a year. The sharpest change came in the year to June 2022, when income dropped by 30%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lutheran Social Services of Nevada sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within NV. Charities of a similar size with the same main cause include The Jewish Home Family Inc ($3.3m), Patriot Paws Service Dogs ($3.3m) and Camphill Village Copake Foundationinc ($3.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $248k (7.5% of expenses). Other salaries and wages came to $934k. At year end it held assets of $3.9m against liabilities of $190k, net assets of $3.7m. It reported 36 employees.