Massey Fender Endowment Fund

Analysis

Massey Fender Endowment Fund is a registered charity in United States, based in San Angelo, TX. It received its IRS tax-exemption ruling in April 2016, 10 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a supporting organisation (type iii other) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Massey Fender Endowment Fund reported income of $325k and spending of $172k, leaving 47% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $102k to $325k (+220%), an average of +34% a year. The sharpest change came in the year to December 2021, when income rose by 147%. Over the whole period it spent 78% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Massey Fender Endowment Fund sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 68th percentile within TX. Charities of a similar size with the same main cause include Holiness Church of God of Bethlehem Inc ($325k), Sherman Aten Ministries Inc ($325k) and Meditation Center of Texas ($325k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.7% of the total. At year end it held assets of $4.2m against liabilities of $0, net assets of $4.2m.