Katarina Goitz Foundation for Youth and Young Adult Ministry

Analysis

Katarina Goitz Foundation for Youth and Young Adult Ministry is a registered charity in United States, based in St CLR Shores, MI. It received its IRS tax-exemption ruling in November 2023, 3 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Katarina Goitz Foundation for Youth and Young Adult Ministry reported income of $99k and spending of $29k, leaving 70% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $36k to $99k (+180%), an average of +41% a year. The sharpest change came in the year to December 2021, when income rose by 508%. Over the whole period it spent 12% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Katarina Goitz Foundation for Youth and Young Adult Ministry sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within MI. Charities of a similar size with the same main cause include Life Song Ministries ($99k), Shabbat Society Inc ($99k) and Gospel Healing Mission Center ($99k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 24% of the total. At year end it held assets of $328k against liabilities of $0, net assets of $328k.