St Bernadette Caritas Society Endowment Fund

Analysis

St Bernadette Caritas Society Endowment Fund is a registered charity in United States, based in Westlake, OH. It received its IRS tax-exemption ruling in July 2007, 19 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Bernadette Caritas Society Endowment Fund reported income of $116k and spending of $103k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $128k to $116k (-8.8%), an average of -2.3% a year. The sharpest change came in the year to December 2021, when income rose by 627%. Over the whole period it spent 55% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, St Bernadette Caritas Society Endowment Fund sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 41st percentile within OH. Charities of a similar size with the same main cause include Love Matters Most Inc ($116k), Ilm Foundation ($116k) and Northwest Ohio Affordable Housing Inc ($116k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.6% of the total. At year end it held assets of $2.5m against liabilities of $0, net assets of $2.5m.