Saint Simeons Episcopal Home Foundation

Analysis

Saint Simeons Episcopal Home Foundation is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in April 2002, 24 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 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 December 2023, Saint Simeons Episcopal Home Foundation reported income of $1.3m and spending of $1.2m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.7m to $1.3m (-23%), an average of -6.2% a year. The sharpest change came in the year to December 2020, when income dropped by 19%. Over the whole period it spent 112% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Saint Simeons Episcopal Home Foundation sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within OK. Charities of a similar size with the same main cause include Wissahickon Foundation ($1.3m), Kansas Association of Community Foundations ($1.3m) and Fort Bend I S D Education Foundation ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 110% of the total. Compensation of current officers, directors and key employees was $166k (13% of expenses). Other salaries and wages came to $71k. At year end it held assets of $4.0m against liabilities of $85k, net assets of $3.9m.