Mount Calvary Lutheran Church Foundation

Analysis

Mount Calvary Lutheran Church Foundation is a registered charity in United States, based in Excelsior, MN. It received its IRS tax-exemption ruling in September 2012, 14 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mount Calvary Lutheran Church Foundation reported income of $68k and spending of $55k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $194k to $68k (-65%), an average of -23% a year. The sharpest change came in the year to December 2022, when income dropped by 56%. Over the whole period it spent 45% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Mount Calvary Lutheran Church Foundation sits at the 33rd percentile: it is larger than about 33% 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 Roosevelt Alumi Foundation ($68k), Womens Foundation of New Jersey a NJ Nonprofit Corporation ($68k) and Phoebe Connections Inc ($68k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% of the total. At year end it held assets of $788k against liabilities of $0, net assets of $788k.