St Peters Episcopal Church Endowment Inc

Analysis

St Peters Episcopal Church Endowment Inc is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in November 1962, 64 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 Peters Episcopal Church Endowment Inc reported income of $177k and spending of $280k, spending 158% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $132k to $177k (+34%), an average of +7.6% a year. The sharpest change came in the year to December 2021, when income rose by 104%. Over the whole period it spent 140% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Peters Episcopal Church Endowment Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within NC. Charities of a similar size with the same main cause include 7 Days for the Troops ($177k), Trustees of Purdue University ($177k) and Lexington South Inc ($177k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% of the total. At year end it held assets of $5.2m against liabilities of $0, net assets of $5.2m.