Lutheran World Relief Inc
- Assets
- $91.2m
- Revenue
- $61.4m
- Investments
- $0.0
- Employees
- 111
- Location
- Baltimore, MD
- Founding
- 12/1946
- Data as of
- 09/2023
- EIN
- 13-2574963
Organization Overview
Lutheran World Relief Inc is located in Baltimore, MD. The organization was established in 1946. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 09/2023, Lutheran World Relief Inc employed 111 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lutheran World Relief Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2023, Lutheran World Relief Inc generated $61.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $50.0m during the year ending 09/2023. While expenses have increased by 0.5% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
LUTHERAN WORLD RELIEF, INC. (LWR) WORKS WITH LUTHERANS & PARTNERS AROUND THE WORLD TO END POVERTY, INJUSTICE, & HUMAN SUFFERING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EMERGENCIES AND MATERIAL RESOURCES: LUTHERAN WORLD RELIEF RESPONDS TO NATURAL DISASTERS AND CONFLICT-DRIVEN EMERGENCIES, ESPECIALLY THOSE THAT AFFECT THE WORLD'S POOREST COMMUNITIES AND WORK WITH VULNERABLE COMMUNITIES TO HELP THEM REBUILD AFTER DISASTER STRIKES AND PREPARE FOR FUTURE DISASTERS. DURING THE YEAR, WE ENGAGED IN EMERGENCY RESPONSE AND MATERIAL RESOURCES PROJECTS AROUND THE WORLD. IN ADDITION, LUTHERAN WORLD RELIEF AND OUR PARTNERS CONDUCTED DISTRIBUTIONS OF MISSION QUILTS OR SCHOOL SUPPLY OR BABY CARE KITS.
EMERGENCIES AND MATERIAL RESOURCES: LUTHERAN WORLD RELIEF RESPONDS TO NATURAL DISASTERS AND CONFLICT-DRIVEN EMERGENCIES, ESPECIALLY THOSE THAT AFFECT THE WORLD'S POOREST COMMUNITIES AND WORK WITH VULNERABLE COMMUNITIES TO HELP THEM REBUILD AFTER DISASTER STRIKES AND PREPARE FOR FUTURE DISASTERS. DURING THE YEAR, WE ENGAGED IN EMERGENCY RESPONSE AND MATERIAL RESOURCES PROJECTS AROUND THE WORLD. IN ADDITION, LUTHERAN WORLD RELIEF AND OUR PARTNERS CONDUCTED DISTRIBUTIONS OF MISSION QUILTS OR SCHOOL SUPPLY OR BABY CARE KITS.
FOOD SECURITY/CLIMATE CHANGE/AGRICULTURE: LUTHERAN WORLD RELIEF WORKS WITH POOR, RURAL COMMUNITIES AROUND THE WORLD TO HELP FARMERS IMPROVE THEIR CROPS, LEARN NEW TECHNIQUES AND TOOLS TO INCREASE THEIR YIELD AND ATTRACT BUYERS WHO WILL PAY MORE FOR THEIR PRODUCTS, HELP RURAL COMMUNITIES DEVELOP PRODUCTIVE, RESILIENT AND STABLE ECONOMIES THROUGH AN ENTERPRISE-BASED APPROACH THAT ENGAGES THE PRIVATE SECTOR AT MULTIPLE LEVELS TO CREATE PROFITABLE PARTNERSHIPS THAT BENEFIT FAMILIES AND PROMOTE RURAL LIVELIHOODS. LUTHERAN WORLD RELIEF ALSO HELPS COMMUNITIES PROTECT THEIR AGRICULTURAL ASSETS IN THE FACE OF CHALLENGING CLIMATE CONDITIONS AND IMPROVE THEIR RESILIENCE TO NATURAL HAZARDS LIKE FLOODS AND DROUGHTS. WE INTRODUCED ENVIRONMENTALLY SUSTAINABLE FARMING PRACTICES SO THAT COMMUNITIES GET THE MOST OUT OF THEIR LAND WHILE CONSERVING AND RESTORING THEIR NATURAL RESOURCES. WE ALSO WORKED WITH LOCAL AND NATIONAL GOVERNMENTS TO FACILITATE THE EQUITABLE ACCESS AND PROTECTION OF NATURAL RESOURCES, HELPING COMMUNITIES ASSESS THEIR VULNERABILITIES TO NATURAL HAZARDS AND DEVELOP THE PLANS AND SKILLS THEY NEED TO PREPARE FOR THEM.
FOOD SECURITY/CLIMATE CHANGE/AGRICULTURE: LUTHERAN WORLD RELIEF WORKS WITH POOR, RURAL COMMUNITIES AROUND THE WORLD TO HELP FARMERS IMPROVE THEIR CROPS, LEARN NEW TECHNIQUES AND TOOLS TO INCREASE THEIR YIELD AND ATTRACT BUYERS WHO WILL PAY MORE FOR THEIR PRODUCTS, HELP RURAL COMMUNITIES DEVELOP PRODUCTIVE, RESILIENT AND STABLE ECONOMIES THROUGH AN ENTERPRISE-BASED APPROACH THAT ENGAGES THE PRIVATE SECTOR AT MULTIPLE LEVELS TO CREATE PROFITABLE PARTNERSHIPS THAT BENEFIT FAMILIES AND PROMOTE RURAL LIVELIHOODS. LUTHERAN WORLD RELIEF ALSO HELPS COMMUNITIES PROTECT THEIR AGRICULTURAL ASSETS IN THE FACE OF CHALLENGING CLIMATE CONDITIONS AND IMPROVE THEIR RESILIENCE TO NATURAL HAZARDS LIKE FLOODS AND DROUGHTS. WE INTRODUCED ENVIRONMENTALLY SUSTAINABLE FARMING PRACTICES SO THAT COMMUNITIES GET THE MOST OUT OF THEIR LAND WHILE CONSERVING AND RESTORING THEIR NATURAL RESOURCES. WE ALSO WORKED WITH LOCAL AND NATIONAL GOVERNMENTS TO FACILITATE THE EQUITABLE ACCESS AND PROTECTION OF NATURAL RESOURCES, HELPING COMMUNITIES ASSESS THEIR VULNERABILITIES TO NATURAL HAZARDS AND DEVELOP THE PLANS AND SKILLS THEY NEED TO PREPARE FOR THEM.
GROUND UP INVESTING, INCLUDING MOUNTAIN HARVEST AND FARMERS MARKET BRANDS: LWR MAKES IMPACT INVESTMENTS THROUGH GROUND UP INVESTING (GUI). GUI FUNDS HIGH-IMPACT ENTERPRISES THAT DELIVER SOCIAL, ECONOMIC AND ENVIRONMENTAL BENEFITS FOR LOCAL COMMUNITIES THROUGH BOTH DEBT AND EQUITY FUNDING. GUI INVESTS IN COMPANIES OPERATING ACROSS RURAL MARKETS FROM AGRICULTURAL SOURCING TO PRODUCTION AND TRADING TO DIRECT-TO-CONSUMER PRODUCT COMPANIES AND TECH-ENABLED SERVICES PROVIDERS.
GROUND UP INVESTING, INCLUDING MOUNTAIN HARVEST AND FARMERS MARKET BRANDS: LWR MAKES IMPACT INVESTMENTS THROUGH GROUND UP INVESTING (GUI). GUI FUNDS HIGH-IMPACT ENTERPRISES THAT DELIVER SOCIAL, ECONOMIC AND ENVIRONMENTAL BENEFITS FOR LOCAL COMMUNITIES THROUGH BOTH DEBT AND EQUITY FUNDING. GUI INVESTS IN COMPANIES OPERATING ACROSS RURAL MARKETS FROM AGRICULTURAL SOURCING TO PRODUCTION AND TRADING TO DIRECT-TO-CONSUMER PRODUCT COMPANIES AND TECH-ENABLED SERVICES PROVIDERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Speckhard President & CEO | OfficerTrustee | 0 | $0 |
Joann Theys SVP Finance & Admin, CFO | OfficerTrustee | 0 | $0 |
Tim Mccully Evp Impact & Partnership | OfficerTrustee | 0 | $0 |
Edward Byrd VP External Relations | Officer | 0 | $0 |
Andrea M Wilson General Counsel/vp, Compliance | Officer | 0 | $0 |
Derek Reynolds Former VP Business Develop | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Creative Direct Response Inc Fundraising | 9/29/23 | $3,384,283 |
Southwest Publishing Mailing Corp Fundraising | 9/29/23 | $806,791 |
Midwest Warehouse Inc Warehouse & Storage | 9/29/23 | $494,529 |
Audience First Media Acquisition Services | 9/29/23 | $314,093 |
Brethren Service Center Warehouse & Storage | 9/29/23 | $351,608 |
Creative Direct Response Inc Fundraising | 9/29/23 | $3,384,283 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $145,096 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $7,126,482 |
| All other contributions, gifts, grants, and similar amounts not included above | $53,561,562 |
| Noncash contributions included in lines 1a–1f | $18,089,252 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $60,833,140 |
| Total Program Service Revenue | $0 |
| Investment income | $521,737 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$66 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $61,383,371 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $401,128 |
| Grants and other assistance to domestic individuals. | $7,369 |
| Grants and other assistance to Foreign Orgs/Individuals | $6,287,325 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,920,349 |
| Pension plan accruals and contributions | $391,842 |
| Other employee benefits | $2,000,748 |
| Payroll taxes | $199,170 |
| Fees for services: Management | $1,559,926 |
| Fees for services: Legal | $614,719 |
| Fees for services: Accounting | $31,654 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $18,972 |
| Fees for services: Other | $51,837 |
| Advertising and promotion | $1,210,223 |
| Office expenses | $3,052,682 |
| Information technology | $432,657 |
| Royalties | $0 |
| Occupancy | $290,385 |
| Travel | $1,269,709 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $413,328 |
| Interest | -$4,334 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $68,285 |
| Insurance | $56,652 |
| All other expenses | $77,109 |
| Total functional expenses | $49,951,215 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,366,147 |
| Savings and temporary cash investments | $17,324,114 |
| Pledges and grants receivable | $1,084,766 |
| Accounts receivable, net | $3,887,669 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,821,351 |
| Inventories for sale or use | $15,560,461 |
| Prepaid expenses and deferred charges | $33,945 |
| Net Land, buildings, and equipment | $335,458 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $5,062,553 |
| Intangible assets | $0 |
| Other assets | $42,704,487 |
| Total assets | $91,180,951 |
| Accounts payable and accrued expenses | $4,458,581 |
| Grants payable | $0 |
| Deferred revenue | $14,208,451 |
| Tax-exempt bond liabilities | $1,109,710 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,301,044 |
| Total liabilities | $22,077,786 |
| Net assets without donor restrictions | $57,733,280 |
| Net assets with donor restrictions | $11,369,885 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $91,180,951 |
Grants Awarded
Over the last fiscal year, Lutheran World Relief Inc has awarded $792,256 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
ECONOMETRICA (THE ECONOMETRIC SOCIETY) PURPOSE: CAPACITY BUIDLING - COFFEE AND CACAO INDUSTRY | $15,000 |
FINE CHOCOLATE INDUSTRY ASSOCIATION PURPOSE: CAPACITY BUIDLING - COFFEE AND CACAO INDUSTRY | $52,710 |
GROUND UP INVESTING LLC PURPOSE: IMPACT INVESTMENTS | $328,418 |
ECONOMETRICA (THE ECONOMETRIC SOCIETY) PURPOSE: CAPACITY BUIDLING - COFFEE AND CACAO INDUSTRY | $15,000 |
FINE CHOCOLATE INDUSTRY ASSOCIATION PURPOSE: CAPACITY BUIDLING - COFFEE AND CACAO INDUSTRY | $52,710 |
GROUND UP INVESTING LLC PURPOSE: IMPACT INVESTMENTS | $328,418 |