Sears Chapel Endowment Incorporated

Analysis

Sears Chapel Endowment Incorporated is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in June 1993, 33 years ago. 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, Sears Chapel Endowment Incorporated reported income of $126k and spending of $164k, spending 130% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $76k to $126k (+67%), an average of +14% a year. The sharpest change came in the year to December 2020, when income rose by 87%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sears Chapel Endowment Incorporated sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 22nd percentile within DC. Charities of a similar size with the same main cause include Road Runners Club of America ($126k), North Carolina Foundation for Nursing Inc ($126k) and Technology Student Association ($126k).

At year end it held assets of $2.8m against liabilities of $0, net assets of $2.8m.