Christ Lutheran Church Foundation Inc

Analysis

Christ Lutheran Church Foundation Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in February 1989, 37 years ago. 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, Christ Lutheran Church Foundation Inc reported income of $341k and spending of $405k, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $836k to $341k (-59%), an average of -20% a year. The sharpest change came in the year to December 2020, when income rose by 125%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Christ Lutheran Church Foundation Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within MD. Charities of a similar size with the same main cause include Berkeley Rotary Endowment ($341k), Big Sister League Residency Inc ($341k) and Your Childs Friendly Home Inc ($340k).

At year end it held assets of $8.0m against liabilities of $1,654, net assets of $8.0m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.