St Thomas More Parish School Endowment Foundation

Analysis

St Thomas More Parish School Endowment Foundation is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, St Thomas More Parish School Endowment Foundation reported income of $96k and spending of $70k, leaving 27% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income fell from $198k to $96k (-52%), an average of -22% a year. The sharpest change came in the year to December 2021, when income dropped by 46%. Over the whole period it spent 39% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Thomas More Parish School Endowment Foundation sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 38th percentile within TX. Charities of a similar size with the same main cause include Floyds Knobs Elementary PTO ($96k), PTA California Congress of Parents Teachers & Students Inc ($96k) and San Antonio Coalition for Veterans and Families ($96k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 86% of the total. At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m.