St Monica School Endowment Trust

Analysis

St Monica School Endowment Trust is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in March 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, St Monica School Endowment Trust reported income of $140k and spending of $154k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $352k to $140k (-60%), an average of -21% a year. The sharpest change came in the year to December 2021, when income rose by 696%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, St Monica School Endowment Trust sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 49th percentile within TX. Charities of a similar size with the same main cause include Wilson Community Library ($140k), Nek Little Ones ($140k) and University Venture Program - Crossroads Inc ($140k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% of the total. At year end it held assets of $3.2m against liabilities of $0, net assets of $3.2m.