Martha and Mary Lutheran Services

Analysis

Martha and Mary Lutheran Services is a registered charity in United States, based in Poulsbo, WA. It received its IRS tax-exemption ruling in July 1986, 40 years ago. 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, Martha and Mary Lutheran Services reported income of $4.3m and spending of $4.4m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.9m to $4.3m (+11%), an average of +2.7% a year. The sharpest change came in the year to December 2021, when income rose by 30%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Martha and Mary Lutheran Services sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within WA. Charities of a similar size with the same main cause include Luke Society ($4.3m), Support the Enlisted Project Inc ($4.3m) and Elder Care of Alachua County Inc ($4.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.1% and program service revenue 97% of the total. Other salaries and wages came to $2.7m. At year end it held assets of $3.8m against liabilities of $1.0m, net assets of $2.8m. It reported 141 employees.