Normandale Lutheran Church Foundation

Analysis

Normandale Lutheran Church Foundation is a registered charity in United States, based in Edina, MN. It received its IRS tax-exemption ruling in October 1974, 52 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 December 2023, Normandale Lutheran Church Foundation reported income of $847k and spending of $431k, leaving 49% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $72k to $847k (+1081%), an average of +85% a year. The sharpest change came in the year to December 2023, when income rose by 842%. Over the whole period it spent 69% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Normandale Lutheran Church Foundation sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within MN. Charities of a similar size with the same main cause include Mount Olive Gardens No 1 Inc ($847k), Bread Line Inc ($847k) and Dakota County Technical College Foundation ($847k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% of the total. Other salaries and wages came to $3,392. At year end it held assets of $2.2m against liabilities of $267k, net assets of $1.9m.