St Alphonsus Parish Education Endowment Fund

Analysis

St Alphonsus Parish Education Endowment Fund is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in February 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Alphonsus Parish Education Endowment Fund reported income of $79k and spending of $35k, leaving 56% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $73k to $79k (+8.3%), an average of +2.0% a year. The sharpest change came in the year to December 2021, when income rose by 21%. Over the whole period it spent 48% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, St Alphonsus Parish Education Endowment Fund sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 30th percentile within MI. Charities of a similar size with the same main cause include TC Titans Football Booster Club ($79k), Gerald R Ford Elementary School Ptoinc ($79k) and Southern Connecticut State University Alumni Association ($79k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% of the total. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m.