St Mary Catholic Central Endowment Fund

Analysis

St Mary Catholic Central Endowment Fund is a registered charity in United States, based in Monroe, MI. It received its IRS tax-exemption ruling in November 1973, 53 years ago. Its declared purposes cover education, which this site groups under education and training. 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 August 2023, St Mary Catholic Central Endowment Fund reported income of $707k and spending of $249k, leaving 65% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $319k to $707k (+122%), an average of +22% a year. The sharpest change came in the year to August 2023, when income rose by 125%. Over the whole period it spent 28% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, St Mary Catholic Central Endowment Fund sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within MI. Charities of a similar size with the same main cause include Providence Christian Academy Inc ($707k), Communities in Schools of Greaterwichita Falls ($707k) and West Santa Rosa Local Action Council Agency Incorporated ($707k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 60% of the total. At year end it held assets of $5.8m against liabilities of $0, net assets of $5.8m.