Lutheran Gardens Corporation

Analysis

Lutheran Gardens Corporation is a registered charity in United States, based in Anaheim, CA. It received its IRS tax-exemption ruling in February 1997, 29 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2020, Lutheran Gardens Corporation reported income of $218k and spending of $56k, leaving 74% of income unspent that year. Across the 2 years on record, from June 2019 to June 2020, income fell from $238k to $218k (-8.3%), an average of -8.3% a year. Over the whole period it spent 25% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Lutheran Gardens Corporation sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 58th percentile within CA. Charities of a similar size with the same main cause include United Methodist Senior Services of Clay County Inc ($218k), Duluth Supportive Housing Inc ($218k) and Jamestown Affordable Housing Inc ($218k).

Compensation of current officers, directors and key employees was $32k (57% of expenses). At year end it held assets of $7.5m against liabilities of $139k, net assets of $7.4m.