St Noel Endowment Fund

Analysis

St Noel Endowment Fund is a registered charity in United States, based in Wiloughby HLS, OH. It received its IRS tax-exemption ruling in March 1999, 27 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 2021, St Noel Endowment Fund reported income of $115k and spending of $136k, spending 118% of what it took in. Across the 3 years on record, from December 2019 to December 2021, income grew from $19k to $115k (+507%), an average of +146% a year. The sharpest change came in the year to December 2021, when income rose by 780%. Over the whole period it spent 108% 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 Noel Endowment Fund sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 41st percentile within OH. Charities of a similar size with the same main cause include Nicholas Pedone Foundation ($115k), Ellensburg School District Education Foundation ($115k) and Mission Fulfilled 2030 ($115k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 74% of the total. At year end it held assets of $766k against liabilities of $0, net assets of $766k.