Patrons of St Annes School Endowment Fund

Analysis

Patrons of St Annes School Endowment Fund is a registered charity in United States, based in Le Sueur, MN. It received its IRS tax-exemption ruling in March 1997, 29 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Patrons of St Annes School Endowment Fund reported income of $99k and spending of $192k, spending 195% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $223k to $99k (-56%), an average of -18% a year. The sharpest change came in the year to December 2022, when income dropped by 62%. Over the whole period it spent 71% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Patrons of St Annes School Endowment Fund sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 34th percentile within MN. Charities of a similar size with the same main cause include Acecnj Foundation Inc ($99k), International Egg Foundation ($99k) and Olive Branch Project Inc ($99k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% of the total. At year end it held assets of $1.5m against liabilities of $280k, net assets of $1.3m.