St Mark Youth Enrichment

Analysis

St Mark Youth Enrichment is a registered charity in United States, based in Dubuque, IA. It received its IRS tax-exemption ruling in September 1992, 34 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 Mark Youth Enrichment reported income of $1.3m and spending of $1.3m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $932k to $1.3m (+43%), an average of +9.4% a year. The sharpest change came in the year to December 2021, when income rose by 47%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Mark Youth Enrichment 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 American Moment Inc ($1.3m), Badger Institute Inc ($1.3m) and Lutheran Retirement Center - Clemmons Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 7.9% of the total. Compensation of current officers, directors and key employees was $97k (7.8% of expenses). Other salaries and wages came to $710k. At year end it held assets of $569k against liabilities of $33k, net assets of $536k. It reported 64 employees.