St Marys School Foundation

Analysis

St Marys School Foundation is a registered charity in United States, based in New England, ND. It received its IRS tax-exemption ruling in February 1998, 28 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 Marys School Foundation reported income of $70k and spending of $57k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $72k to $70k (-2.3%), an average of -0.6% a year. The sharpest change came in the year to December 2021, when income rose by 112%. Over the whole period it spent 73% 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 Marys School Foundation sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 19th percentile within ND. Charities of a similar size with the same main cause include Solano County Library Foundation ($70k), Ashland Foundation ($70k) and Foundation of the Rotary Club of North Fresno ($70k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% of the total. At year end it held assets of $1.6m against liabilities of $0, net assets of $1.6m.