St Paul Lutheran Church of New Braunfels Endowment Foundation

Analysis

St Paul Lutheran Church of New Braunfels Endowment Foundation is a registered charity in United States, based in New Braunfels, TX. It received its IRS tax-exemption ruling in January 1998, 28 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, St Paul Lutheran Church of New Braunfels Endowment Foundation reported income of $54k and spending of $11k, leaving 79% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $157k to $54k (-65%), an average of -23% a year. The sharpest change came in the year to December 2022, when income dropped by 69%. Over the whole period it spent 187% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, St Paul Lutheran Church of New Braunfels Endowment Foundation sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 22nd percentile within TX. Charities of a similar size with the same main cause include Adi Da Foundation ($54k), Camp Infinity Inc ($54k) and International Academy for Interfaith Studies ($54k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% of the total. At year end it held assets of $953k against liabilities of $235k, net assets of $718k.