Sister Jeromes Schools Inc

Analysis

Sister Jeromes Schools Inc is a registered charity in United States, based in Youngstown, OH. It received its IRS tax-exemption ruling in October 1978, 48 years ago. 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 December 2023, Sister Jeromes Schools Inc reported income of $647k and spending of $708k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $888k to $647k (-27%), an average of -7.6% a year. The sharpest change came in the year to December 2020, when income dropped by 23%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sister Jeromes Schools Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within OH. Charities of a similar size with the same main cause include Old Westbury College Foundation Inc ($647k), Bainbridge Island Parent-Teacher Organization ($647k) and Humane Society for Boone County Inc ($647k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 55% of the total. Compensation of current officers, directors and key employees was $106k (15% of expenses). At year end it held assets of $6.7m against liabilities of $2,986, net assets of $6.7m. It reported 11 employees.