The Fund for the Diaconate of the Episcopal Church in the U S

Analysis

The Fund for the Diaconate of the Episcopal Church in the U S is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 2018, 8 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 July 2023, The Fund for the Diaconate of the Episcopal Church in the U S reported income of $151k and spending of $467k, spending 309% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income fell from $665k to $151k (-77%), an average of -31% a year. The sharpest change came in the year to July 2021, when income rose by 75%. Over the whole period it spent 119% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, The Fund for the Diaconate of the Episcopal Church in the U S sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 45th percentile within NY. Charities of a similar size with the same main cause include Greenview Madani Center Inc ($151k), Bruce K Edwards Evangelistic Association ($151k) and Trust and Dignity Home Care ($151k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 2.4% of the total. Other salaries and wages came to $36k. It paid $13k in professional fundraising fees. At year end it held assets of $8.0m against liabilities of $364k, net assets of $7.6m.