Lutheran Housing Services 7 Incorporated
501(c)(3) Donations tax-deductible
Only null% goes to programs Thin reserves
Lutheran Housing Services 7 Incorporated is a 501(c)(3) organization based in Toledo, Ohio, registered in 1982, with $402,541 in FY2024 revenue. CharityIndex grades it D.
2021 N Mccord Rd, Toledo, OH, 43615 EIN 34-1364624 Since 1982
Revenue (FY2024)
$403K
▲ 5.6% vs prior year
Expenses (FY2024)
$473K
Net assets
-$1.6M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Lutheran Housing Services 7 Incorporated— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating0 mo reserves · -18% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Lutheran Housing Services 7 Incorporated: 0 mo reserves · -18% margin earns a F on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Lutheran Housing Services 7 Incorporated— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Lutheran Housing Services 7 Incorporated: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $374K (FY2013) to $403K (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $3.4MNet assets -$1.6M
Operating margin
-17.6%
Spent more than it raised in the latest fiscal year.
Total assets
$1.9M
Total liabilities
$3.4M
Net assets
-$1.6M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $402,541▲5.6% | $473,452▲8.3% | -$1,554,613▼4.8% | $1,861,166▼3.7% | 990 |
| 2023 | $381,124▲0.6% | $437,099▼15.0% | -$1,483,702▼3.8% | $1,932,466▼2.3% | 990 |
| 2022 | $378,923▲5.7% | $514,021▼14.6% | -$1,429,227▼10.4% | $1,977,219▼2.5% | 990 |
| 2021 | $358,447▼3.7% | $601,779▲4.0% | -$1,294,129▼23.2% | $2,027,257▼3.2% | 990 |
| 2020 | $372,295▼0.5% | $578,684▲1.8% | -$1,050,797▼24.4% | $2,094,371▼3.7% | 990 |
| 2019 | $374,191▼1.6% | $568,423▲0.7% | -$844,408▼29.9% | $2,175,701▼2.8% | 990 |
| 2018 | $380,260▲0.8% | $564,561▲4.8% | -$650,176▼39.4% | $2,238,851▼1.0% | 990 |
| 2017 | $377,415▼0.7% | $538,468▼1.2% | -$466,512▼253% | $2,262,067▼5.5% | 990 |
| 2015 | $380,247▲2.1% | $545,142▲0.1% | -$132,253▼505% | $2,392,819▼1.5% | 990 |
| 2014 | $372,548▼0.5% | $544,548▲3.1% | $32,642▼84.0% | $2,429,227▼3.7% | 990 |
| 2013 | $374,449 | $528,350▲3.2% | $204,642▼42.9% | $2,523,835▼2.7% | 990 |
| 2012 | — | $512,007▲17.9% | $358,443▼28.3% | $2,594,597▲7.5% | 990 |
| 2011 | — | $434,142▲5.1% | $500,126▼12.7% | $2,413,535▲4.9% | 990 |
| 2010 | — | $413,005 | $572,880 | $2,300,616 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Lutheran Housing Services 7 Incorporated a legitimate nonprofit?
- Yes. Lutheran Housing Services 7 Incorporated is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 34-1364624, based in Toledo, Ohio. Donations are tax-deductible.
- What is Lutheran Housing Services 7 Incorporated's EIN?
- Lutheran Housing Services 7 Incorporated's Employer Identification Number (EIN) is 34-1364624.
- How much revenue does Lutheran Housing Services 7 Incorporated report?
- Lutheran Housing Services 7 Incorporated reported $402,541 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Lutheran Housing Services 7 Incorporated have?
- CharityIndex grades Lutheran Housing Services 7 Incorporated D, based on financial health (reserves and operating margin).
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Data for Lutheran Housing Services 7 Incorporated (EIN 34-1364624) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.