Lutheran Scholarship Granting Organization of Ohio Inc

Analysis

Lutheran Scholarship Granting Organization of Ohio Inc is a registered charity in United States, based in Rocky River, OH. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Lutheran Scholarship Granting Organization of Ohio Inc reported income of $520k and spending of $336k, leaving 35% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $502k to $520k (+3.5%), an average of +3.5% a year. Over the whole period it spent 39% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lutheran Scholarship Granting Organization of Ohio Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within OH. Charities of a similar size with the same main cause include Frederick T Crosby Education Foundation Inc ($520k), New Life Development Corporation ($520k) and Castle Band Boosters Inc ($520k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $625k against liabilities of $3,909, net assets of $622k.