St Joseph Residence Inc Mrs Shaw

Analysis

St Joseph Residence Inc Mrs Shaw is a registered charity in United States, based in New London, WI. It received its IRS tax-exemption ruling in March 1946, 80 years ago. 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 December 2023, St Joseph Residence Inc Mrs Shaw reported income of $9.1m and spending of $8.7m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.1m to $9.1m (+50%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 26%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Joseph Residence Inc Mrs Shaw 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 95th percentile within WI. Charities of a similar size with the same main cause include United Spinal Association Inc ($9.1m), Saint Georges School ($9.1m) and Navigator Homes of Marthas Vineyard Inc ($9.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.1% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $136k (1.6% of expenses). Other salaries and wages came to $4.8m. At year end it held assets of $16.3m against liabilities of $8.1m, net assets of $8.1m. It reported 239 employees.