St Joseph Public Schools Foundation

Analysis

St Joseph Public Schools Foundation is a registered charity in United States, based in Saint Joseph, MI. It received its IRS tax-exemption ruling in February 2001, 25 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 Joseph Public Schools Foundation reported income of $1.4m and spending of $1.6m, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $521k to $1.4m (+173%), an average of +28% a year. The sharpest change came in the year to December 2021, when income rose by 168%. 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 Joseph Public Schools Foundation sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within MI. Charities of a similar size with the same main cause include Tallahassee Urban League Incorporated ($1.4m), Germantown Christian Counseling Center Inc ($1.4m) and Georgia Center of the Deaf and Hard of Hearing Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $3.6m against liabilities of $1.0m, net assets of $2.6m.