Central Lutheran Foundation Trust

Analysis

Central Lutheran Foundation Trust is a registered charity in United States, based in Chippewa FLS, WI. It received its IRS tax-exemption ruling in April 1991, 35 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Central Lutheran Foundation Trust reported income of $163k and spending of $108k, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $108k to $163k (+52%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 484%. Over the whole period it spent 33% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Central Lutheran Foundation Trust sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 48th percentile within WI. Charities of a similar size with the same main cause include Celestial Church of Christ Twin Cities Miracle Parish ($163k), Father Flanagan League Society of Devotion ($163k) and Seed Faith Ministries ($163k).

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 $2.8m against liabilities of $0, net assets of $2.8m.