Good Shepherd Lutheran Church Foundation Ltd

Analysis

Good Shepherd Lutheran Church Foundation Ltd is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in June 1988, 38 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, Good Shepherd Lutheran Church Foundation Ltd reported income of $176k and spending of $101k, leaving 42% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $191k to $176k (-7.9%), an average of -2.0% a year. The sharpest change came in the year to December 2023, when income rose by 63%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Good Shepherd Lutheran Church Foundation Ltd sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 50th percentile within WI. Charities of a similar size with the same main cause include Little League Baseball Inc ($176k), Christians in Government ($176k) and Milne Asylum for Destitute Orphan Boys ($176k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.1% of the total. At year end it held assets of $3.0m against liabilities of $0, net assets of $3.0m.