The Corporation for Relief of the Widows and Children of the Clergy for the Protestant Episcopal Church in Maryland

Legal name: Corporation for the Relief of Widows & Child of Clergy of Prot Episc Church

Nonprofit profile at a glance

EIN
520796219
IRS 990 coverage
2010–2024
Official website data refreshed
Jul 2026
Forms available
Form 990 2024
Location
Baltimore, MD, United States
Phone
4104671399
Rating
86
Verdict
STRONG
Rating confidence
Moderate
Sector
Religion Related
Affiliation
Christianity

Official website

Reported finances

Revenue
$16,447,715
Expenses
$1,441,834
Assets
$44,322,463
Liabilities
$9,086,872

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

11 people listed

Executive titles in this filing

  • THE REV DAVID WACASTER (PRESIDENT)
  • THE REV GLENNA HUBER (VICE-PRESIDENT, DIOCESE OF WASHINGTON)

People named in this filing

  • THE REV DAVID WACASTER (PRESIDENT)
  • THE REV GLENNA HUBER (VICE-PRESIDENT, DIOCESE OF WASHINGTON)
  • THE REV LAUREN BLOOM (SECRETARY/TREASURER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Provide annuities and gratuities to surviving spouses/partners and dependent children of the Protestant Episcopal Church in Maryland. Make an Emergency Request –** If you have an unexpected expense and need financial assistance, please call or email us with the details of the situation. You will need to provide an invoice, receipt, or other documentation of expense, and if you have made over $2000 in requests for the year, documentation of your income. Make a Regular Gratuity Request –** If you foresee having a shortfall in your income, you can make a regular gratuity request to cover that shortfall. Fill out a Confidential Financial Report (CFR), include documentation of income and expenses, and submit by March 1st. The board meets in the middle of March to discuss requests, and funds are distributed in March and October.

What it reported doing in 2024

Provided annuities and gratuities to surviving spouses, domestic partners and dependents of deceased clergy of the protestant episcopal church in md and dc. One hundred and twenty total annuities, eighteen death benefits and one hundred and thirty-two gratuities were paid in the current year.

Operating model

Revenue model
Investment-supported. 98% of the money available for current operations came from recurring investment income.
Distribution model
Hybrid. The nonprofit split its reported program spending across 47% for direct work, and 53% for grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and some filed totals do not add up.

Rating breakdown

  • Financial Efficiency: 81
  • Transparency & Controls: 87
  • Accountability: 100
  • Sustainability: 94
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 75%; rating input score 75
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 92.3%; rating input score 92; 8th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 99.4%; rating input score 99; 33rd percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
  • Governance controls: 7 of 7 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 91.2%; rating input score 99; 99th percentile among comparable filings
  • Total-asset coverage ratio: 30.74; rating input score 98; 98th percentile among comparable filings
  • Liabilities to assets ratio: 0.21; rating input score 58; 58th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 96; 96th percentile among comparable filings

Growth

  • Program expense growth: -5.5% per year; rating input score 0; 3rd percentile among comparable filings
  • Revenue growth: 14.2% per year; rating input score 100; 85th percentile among comparable filings
  • Asset growth: 6.7% per year; rating input score 100; 47th percentile among comparable filings

Details

  • What they do: 1 programs and campaigns described on the official site · 1 operating location identified
  • Where the money goes: 100% of revenue deployed · 75% of spending went to programs
  • Governance: 11 of 11 board members independent · 7 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $1.1M in reported program spending
  • Leadership: top reported pay $0 · 11 people listed
  • Highest-paid contractors: 1 contractor listed · $130K reported
  • Consistency: 29 of 30 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules · includes grants
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Related organizations: 1 filed related-organization link
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Growth: Program expense growth scored 0/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • Review — Sustainability: Liabilities to assets ratio scored 58/100.