St Francis Residence Trust

Analysis

St Francis Residence Trust is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 2014, 12 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 2023, St Francis Residence Trust reported income of $962k and spending of $168k, leaving 83% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income fell from $1.3m to $962k (-27%), an average of -9.8% a year. The sharpest change came in the year to June 2022, when income rose by 403%. Over the whole period it spent 54% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, St Francis Residence Trust sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 75th percentile within NY. Charities of a similar size with the same main cause include The Robison Excelsior Foundation ($962k), Manchester Masonic Temple Association ($963k) and Whitewater Community Foundation ($962k).

At year end it held assets of $20.9m against liabilities of $0, net assets of $20.9m.