Lutheran Ministry Foundation

Analysis

Lutheran Ministry Foundation is a registered charity in United States, based in Seward, NE. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a suspense under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending January 2024, Lutheran Ministry Foundation reported income of $52k and spending of $781, leaving 99% of income unspent that year. Across the 6 years on record, from January 2019 to January 2024, income grew from $6,110 to $52k (+752%), an average of +54% a year. The sharpest change came in the year to January 2020, when income rose by 1182%. Over the whole period it spent 34% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Lutheran Ministry Foundation sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 18th percentile within NE. Charities of a similar size with the same main cause include Skyword Ministries ($52k), Anabaptist Awareness Inc ($52k) and Fundacion Apoyando Al Projimo Inc ($52k).

At year end it held assets of $2.6m against liabilities of $306k, net assets of $2.3m.