Saint Gerard Society Inc

Analysis

Saint Gerard Society Inc is a registered charity in United States, based in Saginaw, MI. It received its IRS tax-exemption ruling in May 2021, 5 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 2023, Saint Gerard Society Inc reported income of $516k and spending of $123k, leaving 76% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $1.8m to $516k (-71%), an average of -46% a year. The sharpest change came in the year to December 2022, when income dropped by 84%. Over the whole period it spent 14% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Saint Gerard Society Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within MI. Charities of a similar size with the same main cause include Foundation for Sephardic Camp ($516k), Lithuanian Catholic Press Society ($516k) and Nehemiah International Service Incorporation ($516k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $2.1m against liabilities of $0, net assets of $2.1m.