St John Lutheran Home Foundation

Analysis

St John Lutheran Home Foundation is a registered charity in United States, based in Springfield, MN. It received its IRS tax-exemption ruling in December 1985, 41 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, St John Lutheran Home Foundation reported income of $265k and spending of $213k, spending 80% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $218k to $265k (+22%), an average of +5.1% a year. The sharpest change came in the year to September 2022, when income rose by 359%. Over the whole period it spent 36% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, St John Lutheran Home Foundation sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 58th percentile within MN. Charities of a similar size with the same main cause include Yeshiva Afula Inc ($265k), Gift Foundation of Hawaii ($265k) and Community Foundation for Oak Park ($265k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 48% of the total. At year end it held assets of $4.5m against liabilities of $419k, net assets of $4.1m.