St Irenaeus Ministries Inc

Analysis

St Irenaeus Ministries Inc is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in January 2000, 26 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, St Irenaeus Ministries Inc reported income of $54k and spending of $75k, spending 139% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $50k to $54k (+9.1%), an average of +9.1% a year. Over the whole period it spent 142% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Irenaeus Ministries Inc sits at the 21st percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 23rd percentile within NY. Charities of a similar size with the same main cause include Rock Island County Extension and 4-H Education Foundation ($54k), PTA Hawaii Congress ($54k) and Harris Courts Inc ($54k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 6.5% of the total. At year end it held assets of $202k against liabilities of $841, net assets of $201k.