Grace Lutheran Church Foundation Inc

Analysis

Grace Lutheran Church Foundation Inc is a registered charity in United States, based in Columbus, IN. It received its IRS tax-exemption ruling in October 1991, 35 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Grace Lutheran Church Foundation Inc reported income of $73k and spending of $25k, leaving 66% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $61k to $73k (+21%), an average of +4.8% a year. The sharpest change came in the year to December 2021, when income rose by 55%. Over the whole period it spent 25% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Grace Lutheran Church Foundation Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 26th percentile within IN. Charities of a similar size with the same main cause include Iglesia de Dios Redimidos Por Lasangre de Jesucristo ($73k), Oasis Youth Ministries ($73k) and Keith Barr Ministries ($73k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% of the total. At year end it held assets of $780k against liabilities of $3,300, net assets of $777k.