North Congregational Church of Southfield Mi Perp Endowment Fund

Analysis

North Congregational Church of Southfield Mi Perp Endowment Fund is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in August 1974, 52 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, North Congregational Church of Southfield Mi Perp Endowment Fund reported income of $157k and spending of $108k, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $399k to $157k (-61%), an average of -21% a year. The sharpest change came in the year to December 2021, when income rose by 81%. Over the whole period it spent 109% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, North Congregational Church of Southfield Mi Perp Endowment Fund sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within OH. Charities of a similar size with the same main cause include Lake Elsinore Girls Softball Association ($157k), Interfaith Housing Foundation of Wisconsin & Upper Michigan Inc ($157k) and Little League Baseball Inc ($157k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% of the total. Compensation of current officers, directors and key employees was $20k (19% of expenses). At year end it held assets of $3.0m against liabilities of $0, net assets of $3.0m.