STS Peter and Paul Endowment Foundation

Analysis

STS Peter and Paul Endowment Foundation is a registered charity in United States, based in Solon, IA. It received its IRS tax-exemption ruling in August 2022, 4 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, STS Peter and Paul Endowment Foundation reported income of $166k and spending of $400, leaving 100% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $220k to $166k (-25%), an average of -25% a year. The sharpest change came in the year to December 2023, when income dropped by 25%. Over the whole period it spent 0.1% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, STS Peter and Paul Endowment Foundation sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 50th percentile within IA. Charities of a similar size with the same main cause include United Way of Jay County Inc ($166k), Sunrise Rotary Club Charitable Projects Foundation of ($166k) and Clermont County Chamber of Commerce Foundation ($166k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $386k against liabilities of $0, net assets of $386k.