St James Foundation Inc

Analysis

St James Foundation Inc is a registered charity in United States, based in Hornell, NY. It received its IRS tax-exemption ruling in September 1995, 31 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 June 2023, St James Foundation Inc reported income of $147k and spending of $161k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to June 2023, income fell from $1.5m to $147k (-90%), an average of -44% a year. The sharpest change came in the year to June 2021, when income rose by 303%. Over the whole period it spent 68% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St James Foundation Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 45th percentile within NY. Charities of a similar size with the same main cause include South Central Association for Clinical Microbiology ($147k), Charles Kempf Evangelistic Association ($147k) and San Ramon Valley Education Foundation ($147k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 55% and program service revenue 35% of the total. Other salaries and wages came to $30k. At year end it held assets of $1.4m against liabilities of $383k, net assets of $1.0m.