Mater Ecclesiae Fund for Vocations Inc

Analysis

Mater Ecclesiae Fund for Vocations Inc is a registered charity in United States, based in West Chester, PA. It received its IRS tax-exemption ruling in February 2007, 19 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, Mater Ecclesiae Fund for Vocations Inc reported income of $1.0m and spending of $688k, leaving 32% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $300k to $1.0m (+238%), an average of +28% a year. The sharpest change came in the year to December 2020, when income rose by 111%. Over the whole period it spent 74% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Mater Ecclesiae Fund for Vocations Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within PA. Charities of a similar size with the same main cause include Idols Aside Ministries Inc ($1.0m), Frontier Harvest Ministries ($1.0m) and Christian Family Learning Center ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $165k (24% of expenses). Other salaries and wages came to $40k. At year end it held assets of $1.4m against liabilities of $25k, net assets of $1.3m. It reported 2 employees.