Saint Marys High School Scholarship & Benefit Fund

Analysis

Saint Marys High School Scholarship & Benefit Fund is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in May 1986, 40 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, Saint Marys High School Scholarship & Benefit Fund reported income of $191k and spending of $17k, leaving 91% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $58k to $191k (+232%), an average of +49% a year. The sharpest change came in the year to June 2023, when income rose by 903%. Over the whole period it spent 9.7% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Saint Marys High School Scholarship & Benefit Fund sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 50th percentile within AZ. Charities of a similar size with the same main cause include Arc-Chaucer Apartments Inc ($191k), Young and Prosperous Foundation ($191k) and American Concrete Institute Inc ($191k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.1% of the total. At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m.