St Francis Foundation

Analysis

St Francis Foundation is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in December 1964, 62 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, St Francis Foundation reported income of $218k and spending of $183k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $128k to $218k (+70%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 483%. 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, St Francis Foundation sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within OH. Charities of a similar size with the same main cause include Alexandria Electrical Joint Apprenticeship & Training Trust Fu ($218k), Friends of Latimer Quilt and Textile Center ($218k) and PTA California Congress of Parents Teachers & Students Inc ($218k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% of the total. Other salaries and wages came to $63k. At year end it held assets of $1.6m against liabilities of $30k, net assets of $1.5m. It reported 1 employees.