St Clare Management Inc

Analysis

St Clare Management 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. 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 Clare Management Inc reported income of $1.4m and spending of $1.3m, spending 96% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $201k to $1.4m (+592%), an average of +91% a year. The sharpest change came in the year to June 2021, when income rose by 434%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Clare Management Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within WI. Charities of a similar size with the same main cause include Bay Area Center for Independent Living Inc ($1.4m), Family Tree Child Care Center Inc ($1.4m) and Chinese American Parents Association Inc ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $109k (8.2% of expenses). Other salaries and wages came to $741k. At year end it held assets of $717k against liabilities of $105k, net assets of $612k. It reported 18 employees.