Saint Francis Ministries Inc

Analysis

Saint Francis Ministries Inc is a registered charity in United States, based in Salina, KS. It received its IRS tax-exemption ruling in June 1987, 39 years ago. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Saint Francis Ministries Inc reported income of $14.0m and spending of $12.9m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $18.0m to $14.0m (-22%), an average of -6.1% a year. The sharpest change came in the year to June 2022, when income rose by 38%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Saint Francis Ministries Inc sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within KS. Charities of a similar size with the same main cause include Arundel Lodge Inc ($14.0m), San Joaquin County Child Abuse Prevention Council ($14.0m) and Wesley Housing Development Corporation ($14.0m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 93% of the total. Compensation of current officers, directors and key employees was $1.6m (12% of expenses). Other salaries and wages came to $5.6m. At year end it held assets of $30.2m against liabilities of $6.2m, net assets of $24.0m.