Shrine of St Joseph Friends Inc

Analysis

Shrine of St Joseph Friends Inc is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in March 1980, 46 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, Shrine of St Joseph Friends Inc reported income of $1.8m and spending of $224k, leaving 87% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $288k to $1.8m (+516%), an average of +58% a year. The sharpest change came in the year to December 2023, when income rose by 346%. Over the whole period it spent 42% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Shrine of St Joseph Friends Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 83rd percentile within MO. Charities of a similar size with the same main cause include Eras Senior Network Inc ($1.8m), Hebrew Day School of Ann Arbor ($1.8m) and Areawide Housing for the Elderly of Broward Inc ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 3.8% of the total. At year end it held assets of $7.5m against liabilities of $0, net assets of $7.5m.