The Immanuel Lutheran Church Foundation of Seymour Indiana Inc

Analysis

The Immanuel Lutheran Church Foundation of Seymour Indiana Inc is a registered charity in United States, based in Seymour, IN. It received its IRS tax-exemption ruling in March 1978, 48 years ago. 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 September 2023, The Immanuel Lutheran Church Foundation of Seymour Indiana Inc reported income of $576k and spending of $320k, leaving 44% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $286k to $576k (+101%), an average of +19% a year. The sharpest change came in the year to September 2022, when income rose by 78%. Over the whole period it spent 50% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Immanuel Lutheran Church Foundation of Seymour Indiana Inc sits at the 71st percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within IN. Charities of a similar size with the same main cause include Farmingdale Care Inc ($576k), Veterans Resource Group Inc ($576k) and Parenting Time Center ($576k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 68% of the total. At year end it held assets of $7.4m against liabilities of $1.6m, net assets of $5.8m.