Beanies for St Jude

Analysis

Beanies for St Jude is a registered charity in United States, based in Kaplan, LA. It received its IRS tax-exemption ruling in October 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 December 2023, Beanies for St Jude reported income of $120k and spending of $117k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $83k to $120k (+45%), an average of +45% a year. The sharpest change came in the year to December 2023, when income rose by 45%. Over the whole period it spent 111% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Beanies for St Jude sits at the 47th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within LA. Charities of a similar size with the same main cause include Bridge Forward Inc ($120k), Combat Wounded Veterans of South Mississippi ($120k) and Education Foundation of the Osage Community Schools ($120k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $21k against liabilities of $0, net assets of $21k.