St Francis Charitable Trust

Analysis

St Francis Charitable Trust is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in May 1973, 53 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 September 2023, St Francis Charitable Trust reported income of $9.8m and spending of $1.1m, leaving 89% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.8m to $9.8m (+443%), an average of +53% a year. The sharpest change came in the year to September 2023, when income rose by 284%. Over the whole period it spent 22% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Francis Charitable Trust sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within PA. Charities of a similar size with the same main cause include Heartbeat International Inc ($9.8m), Nami Chicago ($9.8m) and Osmond General Hospital Inc ($9.8m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 1.4% of the total. Compensation of current officers, directors and key employees was $134k (13% of expenses). At year end it held assets of $59.6m against liabilities of $0, net assets of $59.6m.