St Marys Sewanee a Center for Spiritual Development

Analysis

St Marys Sewanee a Center for Spiritual Development is a registered charity in United States, based in Sewanee, TN. It received its IRS tax-exemption ruling in July 1989, 37 years ago. 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 June 2023, St Marys Sewanee a Center for Spiritual Development reported income of $759k and spending of $837k, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.1m to $759k (-30%), an average of -8.7% a year. The sharpest change came in the year to June 2020, when income dropped by 41%. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Marys Sewanee a Center for Spiritual Development sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 78th percentile within TN. Charities of a similar size with the same main cause include Youth Advocacy Foundation Inc ($759k), Compassion House Inc ($759k) and Telacu Housing-Whittier Inc ($758k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 26% and program service revenue 66% of the total. Other salaries and wages came to $306k. At year end it held assets of $5.7m against liabilities of $439k, net assets of $5.2m. It reported 21 employees.