Willamette Lutheran Foundation

Analysis

Willamette Lutheran Foundation is a registered charity in United States, based in Keizer, OR. It received its IRS tax-exemption ruling in March 1972, 54 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 July 2024, Willamette Lutheran Foundation reported income of $107k and spending of $75k, leaving 30% of income unspent that year. Across the 6 years on record, from July 2019 to July 2024, income grew from $68k to $107k (+57%), an average of +9.4% a year. The sharpest change came in the year to July 2020, when income rose by 54%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Willamette Lutheran Foundation sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within OR. Charities of a similar size with the same main cause include New Beginning Christian Outreach Ministries ($107k), Giles County Senior Citizens ($107k) and Atkinson Senior Center a Non Profit Nebraska Corporation ($107k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 4.4% of the total. At year end it held assets of $1.9m against liabilities of $2,290, net assets of $1.9m.