St Marys Janesville Foundation Inc

Analysis

St Marys Janesville Foundation Inc is a registered charity in United States, based in Janesville, WI. 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, St Marys Janesville Foundation Inc reported income of $284k and spending of $185k, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $115k to $284k (+146%), an average of +25% a year. The sharpest change came in the year to December 2022, when income rose by 56%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Marys Janesville Foundation Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within WI. Charities of a similar size with the same main cause include Tompkins Orchestra Friends ($283k), Trout Unlimited ($284k) and Lake Delhi Recreation Association Inc ($283k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $131k. At year end it held assets of $935k against liabilities of $16k, net assets of $919k.