Saint John of Kronstadt Memorial Fund Incorporated

Analysis

Saint John of Kronstadt Memorial Fund Incorporated is a registered charity in United States, based in Utica, NY. It received its IRS tax-exemption ruling in May 1971, 55 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Saint John of Kronstadt Memorial Fund Incorporated reported income of $581k and spending of $543k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $514k to $581k (+13%), an average of +3.1% a year. The sharpest change came in the year to December 2023, when income rose by 46%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Saint John of Kronstadt Memorial Fund Incorporated sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 68th percentile within NY. Charities of a similar size with the same main cause include Shepherds Crossing Inc ($581k), Oficina Pro Ayuda a Personas Con Impedimento Inc ($581k) and Golden Backpack Program Inc ($581k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $89k (16% of expenses). Other salaries and wages came to $232k. At year end it held assets of $1.7m against liabilities of $300k, net assets of $1.4m. It reported 8 employees.