Christ Lutheran Church Endowment Foundation Inc

Analysis

Christ Lutheran Church Endowment Foundation Inc is a registered charity in United States, based in Stoughton, WI. It received its IRS tax-exemption ruling in June 1970, 56 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Christ Lutheran Church Endowment Foundation Inc reported income of $66k and spending of $40k, leaving 40% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $60k to $66k (+11%), an average of +2.6% a year. The sharpest change came in the year to December 2021, when income rose by 172%. Over the whole period it spent 120% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Christ Lutheran Church Endowment 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 26th percentile, and in the 23rd percentile within WI. Charities of a similar size with the same main cause include Friends of the Teaneck Public Library ($66k), South Georgia Regional Library Foundation Inc ($66k) and Valley Life Foundation Inc ($66k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.8% of the total. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.