Bethlehem Lutheran Foundation Fund Inc

Analysis

Bethlehem Lutheran Foundation Fund Inc is a registered charity in United States, based in Fergus Falls, MN. It received its IRS tax-exemption ruling in November 1987, 39 years ago. 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, Bethlehem Lutheran Foundation Fund Inc reported income of $98k and spending of $9,123, leaving 91% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $68k to $98k (+45%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 274%. Over the whole period it spent 51% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bethlehem Lutheran Foundation Fund Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 34th percentile within MN. Charities of a similar size with the same main cause include Living Vine Apostolic Faith Church Inc ($98k), Frontline Outreach Ministry ($98k) and Music Teachers National Association Inc ($98k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% of the total. At year end it held assets of $693k against liabilities of $0, net assets of $693k.