St John the Baptist Catholic Church Memorial Trust Fund

Analysis

St John the Baptist Catholic Church Memorial Trust Fund is a registered charity in United States, based in Beloit, KS. It received its IRS tax-exemption ruling in March 1972, 54 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, St John the Baptist Catholic Church Memorial Trust Fund reported income of $115k and spending of $84k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $125k to $115k (-8.3%), an average of -2.1% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St John the Baptist Catholic Church Memorial Trust Fund sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within KS. Charities of a similar size with the same main cause include Richmond Hill Players Inc ($115k), National Tec Conference ($115k) and Arc of Hawaii Housing Project Number 7 Incorporated ($115k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% of the total. At year end it held assets of $3.2m against liabilities of $0, net assets of $3.2m.