Ascension Endowment Fund Inc

Analysis

Ascension Endowment Fund Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in December 1976, 50 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 March 2024, Ascension Endowment Fund Inc reported income of $110k and spending of $105k, spending 95% of its income. Across the 6 years on record, from March 2019 to March 2024, income fell from $200k to $110k (-45%), an average of -11% a year. The sharpest change came in the year to March 2022, when income rose by 1713%. Over the whole period it spent 115% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Ascension Endowment Fund Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within WI. Charities of a similar size with the same main cause include Community Wellness Center of Winamac Inc ($110k), 330ministries Inc ($110k) and Central Texas Fellowship of Catholic Men Inc ($110k).

At year end it held assets of $2.6m against liabilities of $0, net assets of $2.6m.