St Albert Trust

Analysis

St Albert Trust is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in July 2012, 14 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, St Albert Trust reported income of $250k and spending of $377k, spending 150% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $51k to $250k (+390%), an average of +70% a year. The sharpest change came in the year to December 2021, when income rose by 150%. Over the whole period it spent 99% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, St Albert Trust sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 62nd percentile within TX. Charities of a similar size with the same main cause include Winston-Salem Center for Education and the Arts ($250k), Fort Benton Community Improvement Association ($251k) and Main Street Texarkana ($250k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $6.5m against liabilities of $0, net assets of $6.5m. It reported 1 employees.