Shattuck-St Marys Schools

Analysis

Shattuck-St Marys Schools is a registered charity in United States, based in Faribault, MN. It received its IRS tax-exemption ruling in September 1952, 74 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Shattuck-St Marys Schools reported income of $36.0m and spending of $34.7m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $35.0m to $36.0m (+2.8%), an average of +0.7% a year. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Shattuck-St Marys Schools sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within MN. Charities of a similar size with the same main cause include Communities in Schools Inc ($36.0m), Kipp Enc Public Schools ($36.0m) and Ocean Grove Charter School ($36.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 14% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $638k (1.8% of expenses). Other salaries and wages came to $10.3m. At year end it held assets of $95.3m against liabilities of $37.8m, net assets of $57.5m. It reported 333 employees.