St Croix Valley Foundation

Analysis

St Croix Valley Foundation is a registered charity in United States, based in Hudson, WI. It received its IRS tax-exemption ruling in January 1996, 30 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2023, St Croix Valley Foundation reported income of $7.4m and spending of $4.7m, leaving 36% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $8.0m to $7.4m (-7.8%), an average of -2.0% a year. The sharpest change came in the year to June 2022, when income rose by 74%. Over the whole period it spent 52% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, St Croix Valley Foundation sits at the 95th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within WI. Charities of a similar size with the same main cause include Friends of South Central Losangeles Regional Center for Develop ($7.4m), Jewish Endowment Foundation ($7.4m) and Southwest Washington Workforce Development Council ($7.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 87% and program service revenue 3.8% of the total. Compensation of current officers, directors and key employees was $168k (3.5% of expenses). Other salaries and wages came to $471k. At year end it held assets of $87.5m against liabilities of $30.5m, net assets of $57.0m. It reported 9 employees.