St Joseph Cemetery Assn

Analysis

St Joseph Cemetery Assn is a registered charity in United States, based in Iowa City, IA. It received its IRS tax-exemption ruling in October 1953, 73 years ago. 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 December 2023, St Joseph Cemetery Assn reported income of $84k and spending of $95k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $116k to $84k (-27%), an average of -7.6% a year. The sharpest change came in the year to December 2020, when income dropped by 39%. Over the whole period it spent 116% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Joseph Cemetery Assn sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 30th percentile within IA. Charities of a similar size with the same main cause include Clio Cast and Crew Inc ($84k), The Smith Township Volunteer Fire Department Inc ($84k) and Emergency Relief Association of Lower Bucks County ($84k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 73% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.