St James Lutheran Developments Inc

Analysis

St James Lutheran Developments Inc is a registered charity in United States, based in Imperial BCH, CA. It received its IRS tax-exemption ruling in June 1983, 43 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 September 2023, St James Lutheran Developments Inc reported income of $221k and spending of $0, leaving 100% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income fell from $1.3m to $221k (-84%), an average of -36% a year. The sharpest change came in the year to September 2021, when income rose by 772%. Over the whole period it spent 21% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St James Lutheran Developments Inc sits at the 54th percentile: it is larger than about 54% 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 Ray of Hope Amazon ($221k), North-South Consonance Inc ($221k) and Mount Kisco Rescue Fire Police Inc ($221k).

At year end it held assets of $14.1m against liabilities of $26k, net assets of $14.0m.