Westwood Lutheran Memorial Foundation

Analysis

Westwood Lutheran Memorial Foundation is a registered charity in United States, based in St Louis Park, MN. It received its IRS tax-exemption ruling in February 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Westwood Lutheran Memorial Foundation reported income of $119k and spending of $79k, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $12k to $119k (+874%), an average of +77% a year. The sharpest change came in the year to December 2021, when income rose by 321%. Over the whole period it spent 47% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Westwood Lutheran Memorial Foundation sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within MN. Charities of a similar size with the same main cause include Messiah Echad Inc ($119k), Atlanta Tamil School Inc ($119k) and Mattingly Family Inc ($118k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% of the total. At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m.