St Charles Preparatory School Endowment Fund

Analysis

St Charles Preparatory School Endowment Fund is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in August 1988, 38 years ago. 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, St Charles Preparatory School Endowment Fund reported income of $1.5m and spending of $1.3m, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.7m to $1.5m (-67%), an average of -24% a year. The sharpest change came in the year to December 2021, when income rose by 255%. Over the whole period it spent 41% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Charles Preparatory School Endowment Fund sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within OH. Charities of a similar size with the same main cause include Arizona Operating Engineers Joint Apprenticeship Fund ($1.5m), Nevada Humanities Inc ($1.5m) and Glory Revealed Mission ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% of the total. At year end it held assets of $28.2m against liabilities of $0, net assets of $28.2m.