St Johns Lutheran Church Foundation of Mound

Analysis

St Johns Lutheran Church Foundation of Mound is a registered charity in United States, based in Mound, MN. It received its IRS tax-exemption ruling in April 1982, 44 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, St Johns Lutheran Church Foundation of Mound reported income of $103k and spending of $106k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $101k to $103k (+2.3%), an average of +0.6% a year. The sharpest change came in the year to December 2021, when income rose by 95%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Johns Lutheran Church Foundation of Mound sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 35th percentile within MN. Charities of a similar size with the same main cause include Hospice & Palliative Care Association of Iowa ($103k), Christian Endeavor International ($103k) and Surfaces in Biomaterials ($103k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.1% of the total. At year end it held assets of $2.5m against liabilities of $0, net assets of $2.5m.