Zion Evangelical Lutheran Churchmemorial Foundation of Buffa

Analysis

Zion Evangelical Lutheran Churchmemorial Foundation of Buffa is a registered charity in United States, based in Buffalo, MN. It received its IRS tax-exemption ruling in March 1981, 45 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, Zion Evangelical Lutheran Churchmemorial Foundation of Buffa reported income of $68k and spending of $42k, leaving 39% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $85k to $68k (-20%), an average of -5.3% a year. The sharpest change came in the year to December 2020, when income rose by 108%. Over the whole period it spent 40% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Zion Evangelical Lutheran Churchmemorial Foundation of Buffa sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 23rd percentile within MN. Charities of a similar size with the same main cause include Friends of Bolinas Stinson Beach Libraries ($68k), Alexandria Day Nursery and Childrens Home Incorporated ($68k) and Flynn Christian Fellowship Houses of Goldsboro North Carolina Inc ($68k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.9% of the total. At year end it held assets of $2.2m against liabilities of $0, net assets of $2.2m.