Ave Maria Press

Analysis

Ave Maria Press is a registered charity in United States, based in Notre Dame, IN. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2023, Ave Maria Press reported income of $3.6m and spending of $3.2m, spending 88% of its income. Across the 5 years on record, from April 2019 to April 2023, income grew from $3.6m to $3.6m (+0.7%), an average of +0.2% a year. Over the whole period it spent 84% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Ave Maria Press sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within IN. Charities of a similar size with the same main cause include United Ministries ($3.6m), The Dream Center of Peoria NFP ($3.6m) and Quiet Hour ($3.6m).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 4.3% of the total. Compensation of current officers, directors and key employees was $328k (10% of expenses). Other salaries and wages came to $816k. At year end it held assets of $13.5m against liabilities of $1.8m, net assets of $11.8m. It reported 54 employees.