St Matthews Episcopal Church Endowment Fund Inc

Analysis

St Matthews Episcopal Church Endowment Fund Inc is a registered charity in United States, based in Henrico, VA. It received its IRS tax-exemption ruling in May 1990, 36 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 December 2023, St Matthews Episcopal Church Endowment Fund Inc reported income of $75k and spending of $55k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $142k to $75k (-47%), an average of -15% a year. The sharpest change came in the year to December 2021, when income rose by 114%. Over the whole period it spent 74% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Matthews Episcopal Church Endowment Fund Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 28th percentile within VA. Charities of a similar size with the same main cause include Manna House of Mariposa County ($75k), Kansas Demolay Foundation Inc ($75k) and Volunteers of America Inc ($75k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.4% of the total. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m.