Endowment Fund of Saint Augustine Church

Analysis

Endowment Fund of Saint Augustine Church is a registered charity in United States, based in Andover, MA. It received its IRS tax-exemption ruling in April 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Endowment Fund of Saint Augustine Church reported income of $182k and spending of $269k, spending 148% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $673k to $182k (-73%), an average of -28% a year. The sharpest change came in the year to December 2020, when income dropped by 74%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Endowment Fund of Saint Augustine Church sits at the 53rd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 56th percentile within MA. Charities of a similar size with the same main cause include Consortium for Classical and Lutheran Education Inc ($182k), Everscholar Inc ($182k) and Home Run Projects Inc ($182k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.9% of the total. At year end it held assets of $5.5m against liabilities of $0, net assets of $5.5m.