St Olaf Lutheran Church Foundation of Fort Dodge Iowa

Analysis

St Olaf Lutheran Church Foundation of Fort Dodge Iowa is a registered charity in United States, based in Fort Dodge, IA. It received its IRS tax-exemption ruling in June 2011, 15 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, St Olaf Lutheran Church Foundation of Fort Dodge Iowa reported income of $146k and spending of $588k, spending 403% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $76k to $146k (+91%), an average of +18% a year. The sharpest change came in the year to December 2020, when income rose by 118%. Over the whole period it spent 180% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, St Olaf Lutheran Church Foundation of Fort Dodge Iowa sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 46th percentile within IA. Charities of a similar size with the same main cause include Upward Bound Ministries Inc ($146k), Jewish Sacred Society ($146k) and Here I Am Ministries Inc ($146k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% of the total. At year end it held assets of $2.5m against liabilities of $100k, net assets of $2.4m.