Willamette Lutheran Homes Inc

Analysis

Willamette Lutheran Homes Inc is a registered charity in United States, based in Keizer, OR. It received its IRS tax-exemption ruling in July 1965, 61 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 March 2024, Willamette Lutheran Homes Inc reported income of $2.8m and spending of $2.9m, spending 105% of what it took in. Across the 5 years on record, from March 2020 to March 2024, income fell from $3.6m to $2.8m (-23%), an average of -6.2% a year. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Willamette Lutheran Homes Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within OR. Charities of a similar size with the same main cause include Meals on Wheels New Mexico ($2.8m), Soar Tennessee ($2.8m) and Jewish Family Service of the Desert ($2.8m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 5.7% and program service revenue 94% of the total. Other salaries and wages came to $1.5m. At year end it held assets of $2.3m against liabilities of $1.3m, net assets of $1.1m. It reported 123 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.