Peace Lutheran Church and School Foundation Inc

Analysis

Peace Lutheran Church and School Foundation Inc is a registered charity in United States, based in Saginaw, MI. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Peace Lutheran Church and School Foundation Inc reported income of $81k and spending of $80k, spending 98% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $66k to $81k (+22%), an average of +5.2% a year. The sharpest change came in the year to June 2023, when income rose by 178%. Over the whole period it spent 75% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Peace Lutheran Church and School Foundation Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 31st percentile within MI. Charities of a similar size with the same main cause include Bay Head School Foundation ($81k), Mustang Foundation Inc ($81k) and Msra Scholarship Foundation ($81k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 32% of the total. At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m.