Longview Catholic School Endowment Fund

Analysis

Longview Catholic School Endowment Fund is a registered charity in United States, based in Longview, TX. It received its IRS tax-exemption ruling in November 1992, 34 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, Longview Catholic School Endowment Fund reported income of $56k and spending of $68k, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $38k to $56k (+49%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 445%. Over the whole period it spent 149% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Longview Catholic School Endowment Fund sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 23rd percentile within TX. Charities of a similar size with the same main cause include Zia Endowment Incorporated ($56k), Dr & Mrs J F Adams Memorial Association Inc ($56k) and PTA Texas Congress ($56k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% of the total. At year end it held assets of $950k against liabilities of $0, net assets of $950k.