St Marys Orthodox Cathedral Endowment Fund

Analysis

St Marys Orthodox Cathedral Endowment Fund is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in September 1986, 40 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, St Marys Orthodox Cathedral Endowment Fund reported income of $352k and spending of $120k, leaving 66% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $574k to $352k (-39%), an average of -12% a year. The sharpest change came in the year to December 2020, when income dropped by 70%. Over the whole period it spent 34% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Marys Orthodox Cathedral Endowment Fund sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 63rd percentile within MN. Charities of a similar size with the same main cause include Richland County Court Appointed Special Advocates Inc Casa ($352k), Christian Church Day Care Center ($352k) and Voice Vedic Oasis for Inspiration Culture and Education Inc ($352k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% of the total. At year end it held assets of $3.4m against liabilities of $0, net assets of $3.4m.