Parish Episcopal School Endowment Fund Inc

Analysis

Parish Episcopal School Endowment Fund Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in January 1993, 33 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Parish Episcopal School Endowment Fund Inc reported income of $407k and spending of $811k, spending 199% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $780k to $407k (-48%), an average of -20% a year. The sharpest change came in the year to June 2023, when income rose by 186%. Over the whole period it spent 203% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Parish Episcopal School Endowment Fund Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 71st percentile within TX. Charities of a similar size with the same main cause include Delaware Institute for the Arts in Education ($407k), Southbury Elderly Housing Inc ($407k) and Fishtrap Inc ($407k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 51% of the total. At year end it held assets of $21.5m against liabilities of $136k, net assets of $21.4m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.