Lutheran Housing Corporation
EIN: 460443225 · Sioux Falls, SD
| Metric | Value |
|---|---|
| Total Expenses | $49K |
| Net Assets | $-70,655 |
Is Lutheran Housing Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lutheran Housing Corporation
Lutheran Housing Corporation (EIN: 460443225) is a nonprofit organization based in Sioux Falls, SD. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lutheran Housing Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lutheran Housing Corporation is a micro nonprofit that has been operating for 39 years, with 6 years of IRS 990 filings on record (2011–2016). Revenue has grown at a compound annual rate of -7.3%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $22K |
| Total Expenses | $49K |
| Surplus / Deficit | $-26,595 |
| Total Assets | $92K |
| Total Liabilities | $163K |
| Net Assets | $-70,655 |
| Operating Margin | -118.4% |
| Debt-to-Asset Ratio | 176.6% |
| Months of Reserves | 22.6 months |
Financial Health Grade: C
In 2016, Lutheran Housing Corporation reported a deficit of $27K with expenses exceeding revenue, holds 22.6 months of operating reserves (strong position), has a debt-to-asset ratio of 176.6% (high leverage).
Financial Trends
Over 6 years of filings (2011–2016), Lutheran Housing Corporation's revenue has declined at a compound annual growth rate (CAGR) of -7.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | -24.2% | +61.6% | -12.4% |
| 2015 | -16.3% | -17.6% | -0.1% |
| 2014 | +4.9% | -11.4% | -5.6% |
| 2013 | -29.2% | +4.7% | -5.0% |
| 2012 | +45.7% | +14.6% | +4.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 1987 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lutheran Housing Corporation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Lutheran Housing Corporation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $27K, with expenses exceeding revenue.
- Debt-to-asset ratio: 176.6%.
Frequently Asked Questions about Lutheran Housing Corporation
Is Lutheran Housing Corporation a legitimate charity?
Lutheran Housing Corporation (EIN: 460443225) is a registered tax-exempt nonprofit based in South Dakota. It has 6 years of IRS 990 filings on record. No red flags identified. Financial health grade: C.
How does Lutheran Housing Corporation spend its money?
Lutheran Housing Corporation reported its financials in IRS 990 filings. 6 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Lutheran Housing Corporation tax-deductible?
Lutheran Housing Corporation is registered as a tax-exempt nonprofit (EIN: 460443225). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lutheran Housing Corporation located?
Lutheran Housing Corporation is headquartered in Sioux Falls, South Dakota and files with the IRS under EIN 460443225.
How many years of IRS 990 filings does Lutheran Housing Corporation have?
Lutheran Housing Corporation has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Lutheran Housing Corporation showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2016), Lutheran Housing Corporation's revenue has declined by 31.4%, moving from $33K to $22K. Total assets decreased by 18.1% over the same period, from $113K to $92K. Total functional expenses rose by 41.4%, from $35K to $49K. In its most recent filing year (2016), Lutheran Housing Corporation reported a deficit of $27K, with expenses exceeding revenue. The organization holds $163K in liabilities against $92K in assets (debt-to-asset ratio: 176.6%), resulting in net assets of $-70,655.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $22K | $49K | $92K | $163K | — | — |
| 2015 | $30K | $30K | $105K | $149K | — | — |
| 2014 | $35K | $37K | $105K | $149K | — | View 990 |
| 2013 | $34K | $42K | $112K | $154K | — | View 990 |
| 2012 | $48K | $40K | $118K | $152K | — | View 990 |
| 2011 | $33K | $35K | $113K | $155K | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $22K, expenses of $49K, and assets of $92K (revenue -24.2% year-over-year).
- 2015: Revenue of $30K, expenses of $30K, and assets of $105K (revenue -16.3% year-over-year).
- 2014: Revenue of $35K, expenses of $37K, and assets of $105K (revenue +4.9% year-over-year).
- 2013: Revenue of $34K, expenses of $42K, and assets of $112K (revenue -29.2% year-over-year).
- 2012: Revenue of $48K, expenses of $40K, and assets of $118K (revenue +45.7% year-over-year).
- 2011: Revenue of $33K, expenses of $35K, and assets of $113K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lutheran Housing Corporation:
Data Sources and Methodology
This transparency report for Lutheran Housing Corporation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.