St Joseph Endownment Fund

Analysis

St Joseph Endownment Fund is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in October 1997, 29 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, St Joseph Endownment Fund reported income of $718k and spending of $568k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $370k to $718k (+94%), an average of +18% a year. The sharpest change came in the year to December 2020, when income rose by 262%. Over the whole period it spent 55% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, St Joseph Endownment Fund sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within WA. Charities of a similar size with the same main cause include Family Advocates Inc ($718k), Dlittle Star Daycare Inc ($718k) and Seeds of Hope India Inc ($718k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% of the total. At year end it held assets of $11.8m against liabilities of $0, net assets of $11.8m.