Saint Francis Home of Richmond Foundation Ltd

Analysis

Saint Francis Home of Richmond Foundation Ltd is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in March 1946, 80 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 June 2023, Saint Francis Home of Richmond Foundation Ltd reported income of $704k and spending of $0, leaving 100% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $99k to $704k (+614%), an average of +64% a year. The sharpest change came in the year to June 2021, when income rose by 193%. Over the whole period it spent 53% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Saint Francis Home of Richmond Foundation Ltd sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within VA. Charities of a similar size with the same main cause include U S English Foundation Inc ($704k), Crisis Pregnancy Center of Central Arkansas Inc ($704k) and Patronato San Xavier ($704k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 79% of the total. At year end it held assets of $3.0m against liabilities of $0, net assets of $3.0m.