St Croix Family Resource Center
Analysis
St Croix Family Resource Center is a registered charity in United States, based in Stillwater, MN. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 2024, St Croix Family Resource Center reported income of $388k and spending of $331k, spending 85% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $312k to $388k (+24%), an average of +5.6% a year. The sharpest change came in the year to June 2021, when income rose by 30%. Over the whole period it spent 82% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, St Croix Family Resource Center sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within MN. Charities of a similar size with the same main cause include West Klickitat Community Housing ($388k), Emmanuel Terrace Inc ($389k) and Isladview Housing Development Fund Company Inc ($388k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 88% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $74k (22% of expenses). Other salaries and wages came to $162k. At year end it held assets of $401k against liabilities of $15k, net assets of $386k. It reported 8 employees.
Income and spending
Where the income comes from
- Contributions & grants 88%
- Program services 11%
- Other 1.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| West Klickitat Community Housing | White Salmon | $388k |
| Emmanuel Terrace Inc | San Jose | $389k |
| Isladview Housing Development Fund Company Inc | Buffalo | $388k |
| Regional Housing Network of Massachusetts Inc | Boston | $389k |