First Lutheran Church Foundation
Analysis
First Lutheran Church Foundation is a registered charity in United States, based in Fargo, ND. It received its IRS tax-exemption ruling in June 1969, 57 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2024, First Lutheran Church Foundation reported income of $263k and spending of $322k, spending 123% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $217k to $263k (+21%), an average of +4.8% a year. The sharpest change came in the year to June 2021, when income rose by 772%. Over the whole period it spent 41% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, First Lutheran Church Foundation sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 53rd percentile within ND. Charities of a similar size with the same main cause include Women Helping All People ($263k), PTA Colorado Congress ($263k) and National Council Schools of Professional Psychology ($263k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 50% of the total. At year end it held assets of $6.2m against liabilities of $0, net assets of $6.2m.
Income and spending
Where the income comes from
- Contributions & grants 50%
- Other 50%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Women Helping All People | Marin City | $263k |
| PTA Colorado Congress | Denver | $263k |
| National Council Schools of Professional Psychology | Phoenix | $263k |
| The Foundation of St Marys Hospital at Amsterdam Inc | Amsterdam | $263k |