Concordia Theological Foundation Inc

Analysis

Concordia Theological Foundation Inc is a registered charity in United States, based in Fort Wayne, IN. It received its IRS tax-exemption ruling in June 1999, 27 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 June 2024, Concordia Theological Foundation Inc reported income of $387k and spending of $289k, leaving 25% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income fell from $525k to $387k (-26%), an average of -7.3% a year. The sharpest change came in the year to June 2021, when income dropped by 34%. Over the whole period it spent 65% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Concordia Theological Foundation Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within IN. Charities of a similar size with the same main cause include Sword Ministries International Inc ($387k), Guruji Sangat Foundation Inc ($387k) and Healing Hands Global Inc ($387k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 18% of the total. At year end it held assets of $7.9m against liabilities of $0, net assets of $7.9m.