Endowment and Development Fund of the International Brotherhood of M

Analysis

Endowment and Development Fund of the International Brotherhood of M is a registered charity in United States, based in Saint Charles, MO. It received its IRS tax-exemption ruling in April 1976, 50 years ago. 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 September 2023, Endowment and Development Fund of the International Brotherhood of M reported income of $69k and spending of $53k, leaving 23% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income fell from $73k to $69k (-4.8%), an average of -1.2% a year. The sharpest change came in the year to September 2022, when income rose by 68%. Over the whole period it spent 53% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Endowment and Development Fund of the International Brotherhood of M sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 25th percentile within MO. Charities of a similar size with the same main cause include Friends of Laguna Beach Library ($69k), Boonton Township Fire Department Inc ($69k) and Erie County Community Residential Project Inc ($69k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 28% of the total. At year end it held assets of $1.0m against liabilities of $94k, net assets of $933k.