Skip to main content
Filing year 2024

THE PSALM 241 FOUNDATION INC

Columbia City, Indiana·EIN 26-1480049·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$150k
Total assets
$370k
Total expenses
$187k
Reported officers
3

Reported officers (all unpaid)

No paid executives reported in 2024. THE PSALM 241 FOUNDATION INC reported 3 unpaid officers and board members on its 990-PF.

President
Secretary/treasurer
Director

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$185k

Itemized grants

30

Median grant

$5k

RecipientLocationPurposeAmount
LAKELAND CHRISTIAN ACADEMYWINONA LAKE, INOPERATING SUPPORT$28k
DESTINY RESCUEFORT WAYNE, INOPERATING SUPPORT$17k
RESCUE MISSIONFORT WAYNE, INOPERATING ASSISTANCE$10k
WATER FOR GOODWINONA LAKE, INOPERATING SUPPORT$10k
VOICE OF THE MARTYRSBARTLESVILLE, OKOPERATING SUPPORT$10k
LIGHTHOUSE RECOVERY CENTERFORT WAYNE, INOPERATING SUPPORT$10k
FORGOTTEN CHILDREN WORLDWIDEBLUFFTON, INOPERATING SUPPORT$10k
RESCUE MISSIONFORT WAYNE, INOPERATING SUPPORT$10k
VOICE OF THE MARTYRSBARTLESVILLE, OKOPERATING SUPPORT$10k
RIGHT TO LIFE NORTH CENTRAL INDIANAWARSAW, INOPERATING SUPPORT$8k
MATTHEW 25FORT WAYNE, INOPERATING ASSISTANCE$5k
WELLSPRING INTERFAITH SOCIAL SERVICESFORT WAYNE, INOPERATING SUPPORT$5k
FOOD FOR THE HUNGRYPHOENIX, AZOPERATING SUPPORT$5k
ONE CHILDCOLORADO SPRINGS, COOPERATING SUPPORT$5k
HEARTLINE PREGNANCY CENTERWARSAW, INOPERATING SUPPORT$5k
OPEN DOORS INTERNATIONAL SERVICES USSANTA ANA, CAOPERATING SUPPORT$5k
HELP THE PERSECUTEDATLANTA, GAOPERATING SUPPORT$5k
PERSECUTION PROJECT FOUNDATIONCULPEPER, VAOPERATING SUPPORT$5k
MERCY SHIPSGARDEN VALLEY, TXOPERATING SUPPORT$3k
INTERFAITH MISSION INC DBA MISSION 25COLUMBIA CITY, INOPERATING SUPPORT$3k
WORLD MISSIONARY PRESS INCNEW PARIS, INOPERATING SUPPORT$3k
ALL THINGS NEWWINONA LAKE, INOPERATING SUPPORT$3k
SALVATION ARMYFORT WAYNE, INOPERATING SUPPORT$2k
WYCLIFFE ASSOCIATESORLANDO, FLOPERATING SUPPORT$2k
THE CENTER FOR WHITLEY COUNTY YOUTHCOLUMBIA CITY, INOPERATING SUPPORT$2k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

THE PSALM 241 FOUNDATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$36k
$78k
2023
$150k
$187k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Indiana

THE PSALM 241 FOUNDATION INC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Indiana earns a median of $18,575.

25th percentile
$5k
Median
$18,575
75th percentile
$71k
90th percentile
$154k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 669 organizations across 669 filings (2022 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Indiana →
FAQ

Common questions about THE PSALM 241 FOUNDATION INC

What are THE PSALM 241 FOUNDATION INC's revenue and expenses?

In 2024, THE PSALM 241 FOUNDATION INC reported $150k in total revenue and $187k in total expenses on its IRS Form 990.

Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.

This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.