Society of the Missionaries of St Francis Xavier

Analysis

Society of the Missionaries of St Francis Xavier is a registered charity in United States, based in Skokie, IL. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Society of the Missionaries of St Francis Xavier reported income of $169k and spending of $92k, leaving 46% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $221k to $169k (-23%), an average of -6.5% a year. The sharpest change came in the year to December 2022, when income dropped by 57%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Society of the Missionaries of St Francis Xavier sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 50th percentile within IL. Charities of a similar size with the same main cause include Locust Street Neighborhood Art Classes Inc ($169k), Saginaw Band Boosters ($169k) and Volunteers of America Inc ($169k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $286k against liabilities of $0, net assets of $286k.