St Marys School Endowment Fund Inc

Analysis

St Marys School Endowment Fund Inc is a registered charity in United States, based in Ord, NE. It received its IRS tax-exemption ruling in September 1985, 41 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, St Marys School Endowment Fund Inc reported income of $58k and spending of $76k, spending 131% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $66k to $58k (-11%), an average of -3.0% a year. The sharpest change came in the year to June 2022, when income dropped by 57%. Over the whole period it spent 131% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Marys School Endowment Fund Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 20th percentile within NE. Charities of a similar size with the same main cause include PTA Colorado Congress ($58k), Country Village Development Inc ($58k) and Society Restoration & Historic Pres Bonnerwhitaker McClendon House Inc ($58k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 4.9% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.