Evansville Lutheran School Foundation Incorporated

Analysis

Evansville Lutheran School Foundation Incorporated is a registered charity in United States, based in Evansville, IN. It received its IRS tax-exemption ruling in September 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Evansville Lutheran School Foundation Incorporated reported income of $211k and spending of $132k, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $413k to $211k (-49%), an average of -16% a year. The sharpest change came in the year to December 2021, when income rose by 1481%. Over the whole period it spent 25% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Evansville Lutheran School Foundation Incorporated sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within IN. Charities of a similar size with the same main cause include Tomball Memorial High School Band Booster ($211k), Inlet Grove Community High School Foundation Inc ($211k) and Palm Springs Leather Order of the Desert ($211k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% of the total. At year end it held assets of $2.9m against liabilities of $0, net assets of $2.9m.