St Joseph Apartments Inc

Analysis

St Joseph Apartments Inc is a registered charity in United States, based in Saint Cloud, MN. 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 Apartments Inc reported income of $153k and spending of $134k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $156k to $153k (-2.1%), an average of -0.5% a year. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Joseph Apartments Inc sits at the 47th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 45th percentile within MN. Charities of a similar size with the same main cause include International Association of Lions Clubs ($153k), Operation Yellow Ribbon of South Jersey ($153k) and CBC Group Inc ($153k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 101% of the total. At year end it held assets of $535k against liabilities of $628k, net assets of -$93k.