Lutheran Church of the Master

Analysis

Lutheran Church of the Master is a registered charity in United States, based in Lancaster, CA. It received its IRS tax-exemption ruling in April 1987, 39 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lutheran Church of the Master reported income of $225k and spending of $137k, leaving 39% of income unspent that year. Across the 2 years on record, from December 2020 to December 2023, income grew from $180k to $225k (+25%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lutheran Church of the Master sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 59th percentile within CA. Charities of a similar size with the same main cause include Afcea Educational Foundation ($225k), Mystopia Foundation ($225k) and Wisconsin Academy for Graduate Service Dogs Inc ($225k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 20% of the total. Other salaries and wages came to $27k. At year end it held assets of $88k against liabilities of $0, net assets of $88k.