The Christ Lutheran Foundation Lincoln Nebraska

Analysis

The Christ Lutheran Foundation Lincoln Nebraska is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in January 1986, 40 years ago. The IRS classifies it as a church under section 501(c)(3).

In the financial year ending December 2023, The Christ Lutheran Foundation Lincoln Nebraska reported income of $149k and spending of $47k, leaving 68% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $96k to $149k (+55%), an average of +55% a year. The sharpest change came in the year to December 2023, when income rose by 55%. Over the whole period it spent 38% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Christ Lutheran Foundation Lincoln Nebraska sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 44th percentile within NE. Charities of a similar size with the same main cause include Camden County Senior Citizens ($149k), Rotary Club of North Scott Educational Foundation ($149k) and Little League Baseball Inc ($149k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.