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Cyrus C Convery Trust Fbo Old St Josephs Church

RegisteredEIN 23-7762039Philadelphia, PAGrant-making and general purposes
Income$54k2023-12
Spending$31ksame year
Spent / received46%5-year average
Size in its cause27th pctGrant-making and general purposes
Exempt since2002Supporting organisation
Employees0latest return

Analysis

Cyrus C Convery Trust Fbo Old St Josephs Church is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in October 2002, 24 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Cyrus C Convery Trust Fbo Old St Josephs Church reported income of $54k and spending of $31k, leaving 43% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $11k to $54k (+380%), an average of +48% a year. The sharpest change came in the year to December 2020, when income rose by 395%. Over the whole period it spent 46% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Cyrus C Convery Trust Fbo Old St Josephs Church sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 20th percentile within PA. Charities of a similar size with the same main cause include Aaron Jones Jetblack Empowerment Foundation ($54k), Nicole E Mas Foundation Inc ($54k) and Tmpaa Charities Inc ($54k).

At year end it held assets of $910k against liabilities of $0, net assets of $910k.

Income and spending

$0$32k$64k$96k$128k2019 Income: $11,3022019 Spending: $16,86920192020 Income: $55,9682020 Spending: $28,60120202021 Income: $128,4722021 Spending: $33,42220212022 Income: $50,9262022 Spending: $28,65620222023 Income: $54,2502023 Spending: $31,0152023
IncomeSpending

Where the income comes from

  • Other 100%

Similar-sized charities, same cause

CharityLocationIncome
Aaron Jones Jetblack Empowerment FoundationGreensboro$54k
Nicole E Mas Foundation IncCoral Gables$54k
Tmpaa Charities IncWilmington$54k
Molly Steinsapir FoundationPacific PLSDS$54k