Christus St Michael Foundation

Analysis

Christus St Michael Foundation is a registered charity in United States, based in Texarkana, TX. 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 Michael Foundation reported income of $1.4m and spending of $1.1m, leaving 22% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $876k to $1.4m (+60%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 82%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Christus St Michael Foundation sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 86th percentile within TX. Charities of a similar size with the same main cause include St Paul Youth Services Inc ($1.4m), Option House Inc ($1.4m) and The Center for the Study of the Presidency and Congress ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 63% of the total. Other salaries and wages came to $112k. At year end it held assets of $7.1m against liabilities of $0, net assets of $7.1m.