St Joseph Academy Inc

Analysis

St Joseph Academy Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, St Joseph Academy Inc reported income of $5.5m and spending of $5.9m, spending 107% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $6.1m to $5.5m (-10%), an average of -3.5% a year. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, St Joseph Academy Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within WI. Charities of a similar size with the same main cause include Asbury Villas ($5.5m), American Home Finding Association ($5.5m) and Dutchess County Agricultural Society Inc ($5.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.3% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $127k (2.2% of expenses). Other salaries and wages came to $3.0m. At year end it held assets of $6.7m against liabilities of $2.9m, net assets of $3.7m. It reported 94 employees.