Gehlen Catholic Schools Endowment Fund

Analysis

Gehlen Catholic Schools Endowment Fund is a registered charity in United States, based in Lemars, IA. It received its IRS tax-exemption ruling in July 1988, 38 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 June 2023, Gehlen Catholic Schools Endowment Fund reported income of $286k and spending of $238k, spending 83% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $258k to $286k (+11%), an average of +2.6% a year. The sharpest change came in the year to June 2020, when income rose by 454%. Over the whole period it spent 30% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Gehlen Catholic Schools Endowment Fund sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 62nd percentile within IA. Charities of a similar size with the same main cause include Volunteers of America Inc ($286k), I Am a Gentleman Inc ($286k) and Solano Community College Education Foundation ($286k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 22% of the total. At year end it held assets of $5.9m against liabilities of $0, net assets of $5.9m.