St Croix Therapy Inc

Analysis

St Croix Therapy Inc is a registered charity in United States, based in Hudson, WI. It received its IRS tax-exemption ruling in February 1988, 38 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 Croix Therapy Inc reported income of $2.3m and spending of $2.2m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.9m to $2.3m (+18%), an average of +4.1% a year. The sharpest change came in the year to December 2020, when income rose by 16%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Croix Therapy Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within WI. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($2.3m), Kerr-Vance Academy ($2.3m) and Su Casa - Ending Domestic Violence ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 77% of the total. Other salaries and wages came to $1.4m. At year end it held assets of $2.5m against liabilities of $1.8m, net assets of $733k. It reported 63 employees.