Mt St Joseph Association

Analysis

Mt St Joseph Association is a registered charity in United States, based in Hoffman Est, IL. It received its IRS tax-exemption ruling in May 1975, 51 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 December 2023, Mt St Joseph Association reported income of $241k and spending of $256k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $185k to $241k (+31%), an average of +6.9% a year. The sharpest change came in the year to December 2022, when income rose by 27%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mt St Joseph Association sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within IL. Charities of a similar size with the same main cause include Galluparts Inc ($241k), Pop Warner Little Scholars Inc ($241k) and Miles Law School Inc ($241k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% of the total. Compensation of current officers, directors and key employees was $15k (5.8% of expenses). At year end it held assets of $475k against liabilities of $0, net assets of $475k.