St Josephs Social Care and Thrift Store

Analysis

St Josephs Social Care and Thrift Store is a registered charity in United States, based in Grand Forks, ND. It received its IRS tax-exemption ruling in March 1946, 80 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 December 2023, St Josephs Social Care and Thrift Store reported income of $1.3m and spending of $1.4m, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.3m (+17%), an average of +4.1% a year. The sharpest change came in the year to December 2020, when income rose by 30%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, St Josephs Social Care and Thrift Store sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 80th percentile within ND. Charities of a similar size with the same main cause include Committee on Sustainability Assessment ($1.3m), Hai Global ($1.3m) and Mental Health Programs Inc IV ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 1.9% of the total. Compensation of current officers, directors and key employees was $88k (6.5% of expenses). Other salaries and wages came to $310k. At year end it held assets of $1.1m against liabilities of $51k, net assets of $1.1m. It reported 31 employees.