St Johns College

Analysis

St Johns College is a registered charity in United States, based in Annapolis, MD. It received its IRS tax-exemption ruling in December 1942, 84 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, St Johns College reported income of $104.8m and spending of $80.4m, leaving 23% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $87.3m to $104.8m (+20%), an average of +4.7% a year. The sharpest change came in the year to June 2022, when income rose by 47%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, St Johns College sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within MD. Charities of a similar size with the same main cause include Adrian College ($104.8m), Bju Inc ($104.9m) and Visions in Education ($104.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 50% and program service revenue 44% of the total. Compensation of current officers, directors and key employees was $2.4m (3.0% of expenses). Other salaries and wages came to $26.0m. At year end it held assets of $421.8m against liabilities of $53.6m, net assets of $368.3m. It reported 993 employees.