St Petes Endowment Fund Inc

Analysis

St Petes Endowment Fund Inc is a registered charity in United States, based in Reading, OH. It received its IRS tax-exemption ruling in June 2007, 19 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 publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, St Petes Endowment Fund Inc reported income of $240k and spending of $118k, leaving 51% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $112k to $240k (+113%), an average of +29% a year. The sharpest change came in the year to December 2023, when income rose by 2962%. Over the whole period it spent 94% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, St Petes Endowment Fund Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within OH. Charities of a similar size with the same main cause include United Community Services for Working Families ($240k), Velocity Entreprenurial Drive ($240k) and Womens Fund of Greater LA Crosse Inc ($240k).

At year end it held assets of $2.1m against liabilities of $0, net assets of $2.1m.