Christ the King Evangelical Luthern Church Foundation of New Bridgton

Analysis

Christ the King Evangelical Luthern Church Foundation of New Bridgton is a registered charity in United States, based in New Brighton, MN. It received its IRS tax-exemption ruling in March 1990, 36 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Christ the King Evangelical Luthern Church Foundation of New Bridgton reported income of $144k and spending of $90k, leaving 38% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $174k to $144k (-17%), an average of -4.6% a year. The sharpest change came in the year to December 2021, when income rose by 156%. Over the whole period it spent 37% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Christ the King Evangelical Luthern Church Foundation of New Bridgton sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within MN. Charities of a similar size with the same main cause include Biblical Faith Ministries Inc ($144k), Courtside Ministries ($144k) and Roma Bible Union USA Inc ($144k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% of the total. At year end it held assets of $2.1m against liabilities of $0, net assets of $2.1m.