Elca Youth Ministry Network
Analysis
Elca Youth Ministry Network is a registered charity in United States, based in Owatonna, MN. It received its IRS tax-exemption ruling in March 2002, 24 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Elca Youth Ministry Network reported income of $534k and spending of $415k, leaving 22% of income unspent that year. Across the 3 years on record, from June 2020 to June 2023, income grew from $300k to $534k (+78%), an average of +33% a year. The sharpest change came in the year to June 2023, when income rose by 156%. Over the whole period it spent 87% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Elca Youth Ministry Network sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within MN. Charities of a similar size with the same main cause include Guiding Light Academy ($534k), Truc Lam Bao Chi Zen Buddhist Temple Corp ($534k) and Sri Gaur Nitai Society ($534k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 48% and program service revenue 52% of the total. Other salaries and wages came to $48k. At year end it held assets of $297k against liabilities of $660, net assets of $296k. It reported 4 employees.
Income and spending
Where the income comes from
- Contributions & grants 48%
- Program services 52%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Guiding Light Academy | San Jose | $534k |
| Truc Lam Bao Chi Zen Buddhist Temple Corp | Lawrenceville | $534k |
| Sri Gaur Nitai Society | Waialua | $534k |
| Homemission | Wichita Falls | $534k |