Friends of Saint Paul College

Analysis

Friends of Saint Paul College is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in May 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, Friends of Saint Paul College reported income of $1.4m and spending of $992k, leaving 29% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $510k to $1.4m (+174%), an average of +40% a year. The sharpest change came in the year to June 2021, when income rose by 116%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of Saint Paul College sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within MN. Charities of a similar size with the same main cause include Regina Foundation ($1.4m), Neighborhood Schools Inc ($1.4m) and Madina Academy Inc ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 101% of the total. Other salaries and wages came to $86k. At year end it held assets of $4.1m against liabilities of $90k, net assets of $4.0m.