St Clement Community Foundation

Analysis

St Clement Community Foundation is a registered charity in United States, based in Red Bud, IL. It received its IRS tax-exemption ruling in April 2003, 23 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 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 2024, St Clement Community Foundation reported income of $120k and spending of $42k, leaving 65% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $36k to $120k (+232%), an average of +35% a year. The sharpest change came in the year to June 2022, when income rose by 3462%. Over the whole period it spent 78% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, St Clement Community Foundation sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 43rd percentile within IL. Charities of a similar size with the same main cause include John and Lillian Miles Lewis Foundation Inc ($120k), Scaffold Resource Charitable Fund ($120k) and Teamsters Joint Council No 25 Charitable Fund ($120k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.7% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.