Government Street Presbyterian Church Endowment TR

Analysis

Government Street Presbyterian Church Endowment TR is a registered charity in United States, based in Mobile, AL. It received its IRS tax-exemption ruling in October 1995, 31 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Government Street Presbyterian Church Endowment TR reported income of $238k and spending of $286k, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $119k to $238k (+100%), an average of +19% a year. The sharpest change came in the year to December 2021, when income rose by 152%. Over the whole period it spent 66% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Government Street Presbyterian Church Endowment TR sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 58th percentile within AL. Charities of a similar size with the same main cause include Assad Abood Foundation Inc ($238k), Peace Properties Inc ($238k) and Dale R Fulton Charitable TR ($238k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% of the total. Compensation of current officers, directors and key employees was $15k (5.2% of expenses). At year end it held assets of $3.1m against liabilities of $0, net assets of $3.1m.