Lutheran Ministries Of Mercy Inc
EIN: 461893000 · Williston, OH · NTEE: L80
| Metric | Value |
|---|---|
| Total Revenue | $4.8M |
| Total Expenses | $1.2M |
| Net Assets | $330K |
Is Lutheran Ministries Of Mercy Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lutheran Ministries Of Mercy Inc
Lutheran Ministries Of Mercy Inc (EIN: 461893000) is a nonprofit organization based in Williston, OH, classified under NTEE code L80. The organization reported total revenue of $4.8M and total assets of $2.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lutheran Ministries Of Mercy Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lutheran Ministries Of Mercy Inc is a mid-size nonprofit that has been operating for 12 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 43.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $1.2M |
| Surplus / Deficit | +$81K |
| Total Assets | $443K |
| Total Liabilities | $113K |
| Net Assets | $330K |
| Operating Margin | 6.5% |
| Debt-to-Asset Ratio | 25.5% |
| Months of Reserves | 4.6 months |
Financial Health Grade: A
In 2023, Lutheran Ministries Of Mercy Inc reported a surplus of $81K with revenue exceeding expenses, holds 4.6 months of operating reserves (adequate), has a debt-to-asset ratio of 25.5% (moderate leverage).
Financial Trends
Over 9 years of filings (2015–2023), Lutheran Ministries Of Mercy Inc's revenue has grown at a compound annual growth rate (CAGR) of 43.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.0% | -4.0% | -15.5% |
| 2022 | -0.2% | +5.3% | +33.5% |
| 2021 | +38.0% | +51.3% | -7.9% |
| 2020 | +338.6% | +536.4% | +114.1% |
| 2019 | +219.7% | +91.2% | +457.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lutheran Ministries Of Mercy Inc 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 Ministries Of Mercy Inc 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $81K, with revenue exceeding expenses.
- Debt-to-asset ratio: 25.5%.
Frequently Asked Questions about Lutheran Ministries Of Mercy Inc
Is Lutheran Ministries Of Mercy Inc a legitimate charity?
Lutheran Ministries Of Mercy Inc (EIN: 461893000) is a registered tax-exempt nonprofit based in Ohio. It has 9 years of IRS 990 filings on record. Total revenue: $4.8M. No red flags identified. Financial health grade: A.
How does Lutheran Ministries Of Mercy Inc spend its money?
Lutheran Ministries Of Mercy Inc reported $4.8M in total revenue in IRS 990 filings. 9 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Lutheran Ministries Of Mercy Inc tax-deductible?
Lutheran Ministries Of Mercy Inc is registered as a tax-exempt nonprofit (EIN: 461893000). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lutheran Ministries Of Mercy Inc located?
Lutheran Ministries Of Mercy Inc is headquartered in Williston, Ohio and files with the IRS under EIN 461893000. It is classified under NTEE code L80.
How many years of IRS 990 filings does Lutheran Ministries Of Mercy Inc have?
Lutheran Ministries Of Mercy Inc has 9 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $4.8M in total revenue.
Filing History
IRS 990 filing history for Lutheran Ministries Of Mercy Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Lutheran Ministries Of Mercy Inc's revenue has grown by 1679.8%, moving from $70K to $1.2M. Total assets increased by 927.7% over the same period, from $43K to $443K. Total functional expenses rose by 1550.2%, from $70K to $1.2M. In its most recent filing year (2023), Lutheran Ministries Of Mercy Inc reported a surplus of $81K, with revenue exceeding expenses. The organization holds $113K in liabilities against $443K in assets (debt-to-asset ratio: 25.5%), resulting in net assets of $330K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $1.2M | $443K | $113K | — | — |
| 2022 | $1.2M | $1.2M | $524K | $274K | — | View 990 |
| 2021 | $1.2M | $1.1M | $392K | $127K | — | View 990 |
| 2020 | $864K | $757K | $426K | $208K | — | — |
| 2019 | $197K | $119K | $199K | $88K | — | View 990 |
| 2018 | $62K | $62K | $36K | $28K | — | View 990 |
| 2017 | $73K | $64K | $77K | $69K | — | View 990 |
| 2016 | $77K | $76K | $75K | $75K | — | View 990 |
| 2015 | $70K | $70K | $43K | $44K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $1.2M, and assets of $443K (revenue +4.0% year-over-year).
- 2022: Revenue of $1.2M, expenses of $1.2M, and assets of $524K (revenue -0.2% year-over-year).
- 2021: Revenue of $1.2M, expenses of $1.1M, and assets of $392K (revenue +38.0% year-over-year).
- 2020: Revenue of $864K, expenses of $757K, and assets of $426K (revenue +338.6% year-over-year).
- 2019: Revenue of $197K, expenses of $119K, and assets of $199K (revenue +219.7% year-over-year).
- 2018: Revenue of $62K, expenses of $62K, and assets of $36K (revenue -15.4% year-over-year).
- 2017: Revenue of $73K, expenses of $64K, and assets of $77K (revenue -5.4% year-over-year).
- 2016: Revenue of $77K, expenses of $76K, and assets of $75K (revenue +10.6% year-over-year).
- 2015: Revenue of $70K, expenses of $70K, and assets of $43K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lutheran Ministries Of Mercy Inc:
Data Sources and Methodology
This transparency report for Lutheran Ministries Of Mercy Inc 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.