Advent Episcopal Day School Charitable Endowment Trust

Analysis

Advent Episcopal Day School Charitable Endowment Trust is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in May 1980, 46 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, Advent Episcopal Day School Charitable Endowment Trust reported income of $362k and spending of $209k, leaving 42% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $217k to $362k (+67%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 405%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Advent Episcopal Day School Charitable Endowment Trust sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within AL. Charities of a similar size with the same main cause include Little League Baseball Inc ($362k), Southold Historical Society Inc ($362k) and A Better Choice Womens Center ($362k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% of the total. At year end it held assets of $4.3m against liabilities of $0, net assets of $4.3m.