St Joseph Education Foundation

Analysis

St Joseph Education Foundation is a registered charity in United States, based in De Witt, IA. It received its IRS tax-exemption ruling in January 1989, 37 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, St Joseph Education Foundation reported income of $1.4m and spending of $181k, leaving 87% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $130k to $1.4m (+952%), an average of +80% a year. The sharpest change came in the year to June 2024, when income rose by 541%. Over the whole period it spent 33% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Joseph Education Foundation sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within IA. Charities of a similar size with the same main cause include Eau Claire Area Hmong Mutual Assist Association Inc ($1.4m), Wolakota Waldorf Society ($1.4m) and Bright Promise ($1.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 2.6% of the total. At year end it held assets of $3.3m against liabilities of $0, net assets of $3.3m.