St Joachim House Inc

Analysis

St Joachim House Inc is a registered charity in United States, based in Timonium, MD. It received its IRS tax-exemption ruling in June 1993, 33 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2022, St Joachim House Inc reported income of $5.8m and spending of $174k, leaving 97% of income unspent that year. Across the 4 years on record, from June 2019 to June 2022, income grew from $862k to $5.8m (+568%), an average of +88% a year. The sharpest change came in the year to June 2022, when income rose by 452%. Over the whole period it spent 38% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, St Joachim House Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within MD. Charities of a similar size with the same main cause include Williamson Medical Foundation Inc ($5.8m), Rafiki Coalition for Health and Wellness ($5.8m) and Growth Opportunity Center Inc ($5.8m).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 1.9% and program service revenue 1.0% of the total. Other salaries and wages came to $42k. At year end it held assets of $21k against liabilities of $0, net assets of $21k.