St Josephs Community Foundation

Analysis

St Josephs Community Foundation is a registered charity in United States, based in Paris, TX. It received its IRS tax-exemption ruling in February 2012, 14 years ago. 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 December 2023, St Josephs Community Foundation reported income of $127k and spending of $239k, spending 189% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $186k to $127k (-32%), an average of -9.2% a year. The sharpest change came in the year to December 2020, when income dropped by 126%. Over the whole period it spent 198% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Josephs Community Foundation sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 46th percentile within TX. Charities of a similar size with the same main cause include Sag Harbor Historical Society ($127k), Friends of the Boerne Public Library ($127k) and American Institute for Psychoanalysis ($127k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% of the total. Compensation of current officers, directors and key employees was $48k (20% of expenses). At year end it held assets of $2.2m against liabilities of $4,880, net assets of $2.2m. It reported 1 employees.

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.