St Joseph Institute for the Deaf

Analysis

St Joseph Institute for the Deaf is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in February 2023, 3 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2024, St Joseph Institute for the Deaf reported income of $4.0m and spending of $4.9m, spending 122% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $3.8m to $4.0m (+5.2%), an average of +5.2% a year. Over the whole period it spent 112% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, St Joseph Institute for the Deaf sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within IN. Charities of a similar size with the same main cause include Barren River Area Safe Space Inc ($4.0m), Healthy Alternatives to Violent Environments ($4.0m) and Disability Resources Inc ($4.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 30% and program service revenue 63% of the total. Compensation of current officers, directors and key employees was $139k (2.8% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $7.8m against liabilities of $657k, net assets of $7.2m. It reported 68 employees.