St Paul Evangelical Lutheran Church Foundation

Analysis

St Paul Evangelical Lutheran Church Foundation is a registered charity in United States, based in Garner, IA. It received its IRS tax-exemption ruling in May 2003, 23 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 Evangelical Lutheran Church Foundation reported income of $65k and spending of $78k, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $52k to $65k (+25%), an average of +5.8% a year. The sharpest change came in the year to December 2020, when income rose by 775%. Over the whole period it spent 42% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, St Paul Evangelical Lutheran Church Foundation sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 23rd percentile within IA. Charities of a similar size with the same main cause include Free Turkerys Korean-Amer Foundation ($65k), Sharks Foundation USA Inc ($66k) and The St Therese Foundation Inc ($65k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.5% and program service revenue 12% of the total. At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m.