Episcopal Church Foundation

Analysis

Episcopal Church Foundation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 1969, 57 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, Episcopal Church Foundation reported income of $16.0m and spending of $4.3m, leaving 73% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.5m to $16.0m (+255%), an average of +37% a year. The sharpest change came in the year to December 2023, when income rose by 212%. Over the whole period it spent 59% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Episcopal Church Foundation sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within NY. Charities of a similar size with the same main cause include Catholic Cemeteries of the Roman ($15.8m), Partnership for Southern Equity ($16.0m) and Alpha USA ($15.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.9% and program service revenue 8.2% of the total. Compensation of current officers, directors and key employees was $719k (17% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $709.2m against liabilities of $654.0m, net assets of $55.2m. It reported 23 employees.