St Marys of Alexandria Catholic Foundation

Analysis

St Marys of Alexandria Catholic Foundation is a registered charity in United States, based in Alexandria, MN. It received its IRS tax-exemption ruling in March 2017, 9 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, St Marys of Alexandria Catholic Foundation reported income of $51k and spending of $21k, leaving 59% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $182k to $51k (-72%), an average of -27% a year. The sharpest change came in the year to December 2022, when income rose by 308%. Over the whole period it spent 12% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, St Marys of Alexandria Catholic Foundation sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 16th percentile within MN. Charities of a similar size with the same main cause include Upstream Ministries ($51k), Treuimage ($51k) and Jeremiahcry Ministries ($51k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 26% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.