Western Diocese Endowment Fund Inc

Analysis

Western Diocese Endowment Fund Inc is a registered charity in United States, based in Fresno, CA. It received its IRS tax-exemption ruling in April 2008, 18 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Western Diocese Endowment Fund Inc reported income of $9.5m and spending of $2.9m, leaving 70% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $10.2m to $9.5m (-6.4%), an average of -1.6% a year. The sharpest change came in the year to December 2022, when income dropped by 183%. Over the whole period it spent 42% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Western Diocese Endowment Fund Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include City of Faith Prison Ministries ($9.5m), Cleveland Christian Home Inc ($9.6m) and Christian Television Corporation Inc ($9.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.5% of the total. At year end it held assets of $69.3m against liabilities of $2.6m, net assets of $66.6m.