St Davids

Analysis

St Davids is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in August 1982, 44 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, St Davids reported income of $29.1m and spending of $26.6m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $20.6m to $29.1m (+42%), an average of +9.1% a year. The sharpest change came in the year to December 2023, when income rose by 38%. Over the whole period it spent 99% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, St Davids sits at the 100th percentile: it is one of the largest 1% in its cause. 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 Boys & Girls Clubs of Metro Atlanta Inc ($28.9m), National Boy Scouts of America Foundation ($29.4m) and Boys and Girls Clubs of Palm Beach County Inc ($28.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $523k (2.0% of expenses). Other salaries and wages came to $18.5m. At year end it held assets of $21.7m against liabilities of $2.2m, net assets of $19.5m. It reported 579 employees.