Universal Living Rosary Association of St Philomena

Analysis

Universal Living Rosary Association of St Philomena is a registered charity in United States, based in Dickinson, TX. It received its IRS tax-exemption ruling in April 1991, 35 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2022, Universal Living Rosary Association of St Philomena reported income of $1.2m and spending of $1.3m, spending 112% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $980k to $1.2m (+23%), an average of +7.1% a year. The sharpest change came in the year to December 2020, when income rose by 23%. Over the whole period it spent 97% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Universal Living Rosary Association of St Philomena sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 85th percentile within TX. Charities of a similar size with the same main cause include CT Townsend Ministries Inc ($1.2m), Montreat Conference Center Development Foundation Inc ($1.2m) and Radio Maria Spanish Inc ($1.2m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $200k. At year end it held assets of $712k against liabilities of $28, net assets of $712k. It reported 10 employees.