Fort Snelling Memorial Chapel Foundation

Analysis

Fort Snelling Memorial Chapel Foundation is a registered charity in United States, based in Bloomington, MN. It received its IRS tax-exemption ruling in February 1967, 59 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Fort Snelling Memorial Chapel Foundation reported income of $357k and spending of $362k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $358k to $357k (-0.5%), an average of -0.1% a year. The sharpest change came in the year to December 2021, when income rose by 81%. Over the whole period it spent 72% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Fort Snelling Memorial Chapel Foundation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 63rd percentile within MN. Charities of a similar size with the same main cause include Harvest Intercontinental Church Houston ($356k), Anew ($357k) and Encouragement International Inc ($356k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 6.0% of the total. Other salaries and wages came to $128k. At year end it held assets of $1.6m against liabilities of $2,535, net assets of $1.6m. It reported 7 employees.