Gesu Endowment Fund
Analysis
Gesu Endowment Fund is a registered charity in United States, based in University HT, OH. It received its IRS tax-exemption ruling in July 1984, 42 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 June 2024, Gesu Endowment Fund reported income of $500k and spending of $461k, spending 92% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $884k to $500k (-43%), an average of -13% a year. The sharpest change came in the year to June 2024, when income rose by 1783%. Over the whole period it spent 38% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Gesu Endowment Fund sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within OH. Charities of a similar size with the same main cause include Northeast Mental Health Housing Inc ($500k), Victory Christian Academy Inc ($500k) and Public Leadership Education Network Plen ($499k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 13% of the total. At year end it held assets of $9.6m against liabilities of $0, net assets of $9.6m.
Income and spending
Where the income comes from
- Contributions & grants 13%
- Other 87%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Northeast Mental Health Housing Inc | Memphis | $500k |
| Victory Christian Academy Inc | Hibbing | $500k |
| Public Leadership Education Network Plen | Washington | $499k |
| Hope Housing Development Corporation | Waycross | $500k |