St Martins Endowment Fund

Analysis

St Martins Endowment Fund is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in December 1976, 50 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 Martins Endowment Fund reported income of $143k and spending of $135k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $77k to $143k (+86%), an average of +17% a year. The sharpest change came in the year to December 2020, when income rose by 564%. Over the whole period it spent 54% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Martins Endowment Fund sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 49th percentile within TX. Charities of a similar size with the same main cause include Hugh Obrian Youth Leadership ($143k), Friend for Life a Cancer Support Network Inc ($143k) and Extended Hand Ministries Inc ($143k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.4% of the total. At year end it held assets of $2.1m against liabilities of $0, net assets of $2.1m.