St Joseph Ministries Incorporated

Analysis

St Joseph Ministries Incorporated is a registered charity in United States, based in St Augustine, FL. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 June 2023, St Joseph Ministries Incorporated reported income of $130k and spending of $206k, spending 158% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $135k to $130k (-3.3%), an average of -0.8% a year. The sharpest change came in the year to June 2022, when income rose by 105%. Over the whole period it spent 106% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, St Joseph Ministries Incorporated 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 44th percentile, and in the 47th percentile within FL. Charities of a similar size with the same main cause include Wixarika Research Center ($130k), Silver Spring Town Center Inc ($130k) and Murer House Foundation ($130k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 87% and program service revenue 12% of the total. Other salaries and wages came to $36k. At year end it held assets of $131k against liabilities of $804, net assets of $131k. It reported 3 employees.