St Joseph Community Co-Op Inc

Analysis

St Joseph Community Co-Op Inc is a registered charity in United States, based in Sturgis, MI. It received its IRS tax-exemption ruling in October 2006, 20 years ago. Its declared purposes cover employment, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2024, St Joseph Community Co-Op Inc reported income of $1.2m and spending of $1.2m, spending 104% of its income. Across the 6 years on record, from September 2019 to September 2024, income fell from $1.5m to $1.2m (-19%), an average of -4.2% a year. The sharpest change came in the year to September 2021, when income dropped by 18%. Over the whole period it spent 96% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, St Joseph Community Co-Op Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within MI. Charities of a similar size with the same main cause include Operator Foundation ($1.2m), Global Innovation Districts Inc ($1.2m) and Columbus 2020 Foundation ($1.2m).

On its Form 990 for the period ending September 2024, revenue came from contributions and grants 1.5% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $78k (6.3% of expenses). At year end it held assets of $745k against liabilities of $96k, net assets of $648k. It reported 106 employees.