Saint Benedict Center

Analysis

Saint Benedict Center is a registered charity in United States, based in Schuyler, NE. It received its IRS tax-exemption ruling in June 1997, 29 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Saint Benedict Center reported income of $2.0m and spending of $1.6m, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.3m to $2.0m (-13%), an average of -3.5% a year. The sharpest change came in the year to December 2021, when income rose by 113%. Over the whole period it spent 60% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Saint Benedict Center sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within NE. Charities of a similar size with the same main cause include Tu Vien Dai Bi ($2.0m), Experience Mission Inc ($2.0m) and B L E S S E D Ministries Inc ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 43% of the total. Other salaries and wages came to $601k. At year end it held assets of $23.7m against liabilities of $152k, net assets of $23.6m. It reported 27 employees.