St Ambrose Endowment Foundation

Analysis

St Ambrose Endowment Foundation is a registered charity in United States, based in Brunswick, OH. It received its IRS tax-exemption ruling in January 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, St Ambrose Endowment Foundation reported income of $314k and spending of $5,379, leaving 98% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $159k to $314k (+97%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 165%. Over the whole period it spent 3.1% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, St Ambrose Endowment Foundation sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 62nd percentile within OH. Charities of a similar size with the same main cause include Friend of God ($314k), City Hope Foundation ($314k) and Synchronicity Foundation Inc ($314k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% of the total. At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m.