Christus St Patrick Foundation

Analysis

Christus St Patrick Foundation is a registered charity in United States, based in Lake Charles, LA. It received its IRS tax-exemption ruling in March 1946, 80 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 June 2023, Christus St Patrick Foundation reported income of $1.6m and spending of $1.1m, leaving 27% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.0m to $1.6m (-20%), an average of -5.4% a year. The sharpest change came in the year to June 2020, when income rose by 65%. Over the whole period it spent 71% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Christus St Patrick Foundation sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within LA. Charities of a similar size with the same main cause include Rolf Institute ($1.6m), Independent Electrical Training Trust ($1.6m) and Audio Scripture Ministries ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 77% of the total. Other salaries and wages came to $221k. At year end it held assets of $16.8m against liabilities of $98k, net assets of $16.7m.