Central Lutheran Foundation

Analysis

Central Lutheran Foundation is a registered charity in United States, based in Eugene, OR. It received its IRS tax-exemption ruling in June 1980, 46 years ago. 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, Central Lutheran Foundation reported income of $89k and spending of $84k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $89k to $89k (+0.3%), an average of +0.1% a year. The sharpest change came in the year to December 2021, when income rose by 57%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Central Lutheran Foundation sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 33rd percentile within OR. Charities of a similar size with the same main cause include Genesee Valley Rotary Camp Inc ($89k), Zainabia Islamic Society ($89k) and Las Madres Neighborhood Playgroups ($89k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% of the total. At year end it held assets of $2.7m against liabilities of $0, net assets of $2.7m.