Grace Evangelical Lutheran Church Foundation of Fort Dodge Iowa

Analysis

Grace Evangelical 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 May 1999, 27 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Grace Evangelical Lutheran Church Foundation of Fort Dodge Iowa reported income of $159k and spending of $45k, leaving 72% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $100k to $159k (+59%), an average of +12% a year. The sharpest change came in the year to December 2020, when income rose by 1557%. Over the whole period it spent 7.3% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Grace Evangelical Lutheran Church Foundation of Fort Dodge Iowa sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 49th percentile within IA. Charities of a similar size with the same main cause include Paraklete Ministries Inc ($159k), Silent Blessings Deaf Ministries Inc ($159k) and Acts of Himalaya Inc ($159k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% of the total. At year end it held assets of $2.4m against liabilities of $0, net assets of $2.4m.