St Marys of the Rock Preservation Society

Analysis

St Marys of the Rock Preservation Society is a registered charity in United States, based in Batesville, IN. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, St Marys of the Rock Preservation Society reported income of $55k and spending of $98k, spending 179% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $81k to $55k (-32%), an average of -32% a year. The sharpest change came in the year to December 2023, when income dropped by 32%. Over the whole period it spent 109% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, St Marys of the Rock Preservation Society sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 18th percentile within IN. Charities of a similar size with the same main cause include Greater Mondawmin Coordinating Council Inc ($55k), Kiwanis Foundation of Charlotte County Inc ($55k) and Tri-Community W-E-B Association ($55k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 63% of the total. At year end it held assets of $205k against liabilities of $0, net assets of $205k.