LSA tops 100 largest nonprofit groups

LSA tops 100 largest nonprofit groups

Lutheran Services in America (LSA) continues to top the list of the country’s 100 largest nonprofit groups, according to an annual survey by The NonProfit Times.

The Baltimore-based LSA is a joint venture of the Evangelical Lutheran Church in America and the Lutheran Church-Missouri Synod. It is the third year that LSA earned the No. 1 spot, with $7.6 billion in income for fiscal year 2001, which ended on June 30, 2001.

Following in second and third places were the National Council of YMCAs and the American Red ross, respectively.

Other faith-based groups in the top 10 (with income) were Catholic Charities USA ($2.6 billion) in fourth place, United Jewish Communities ($2.2 billion) in fifth place, Goodwill Industries International ($1.9 billion) in sixth place and the Salvation Army ($1.9 billion) in seventh place.

The Salvation Army reported a $1 billion decline in income from the previous year, mostly from lost investment value, according to The NonProfit Times.

Without that loss, the 100 groups would have grown by 4 percent; instead, growth was only 2 percent.

(RNS)