St James S Children S Center

Analysis

St James S Children S Center is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in May 2003, 23 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 December 2023, St James S Children S Center reported income of $1.8m and spending of $1.1m, leaving 39% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.8m (+69%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 75%. Over the whole period it spent 60% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, St James S Children S Center sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within VA. Charities of a similar size with the same main cause include Monroe Charter Academy ($1.8m), Forge Institute ($1.8m) and Wisconsin School Music Association Inc Wsma ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 16% of the total. Other salaries and wages came to $721k. At year end it held assets of $4.4m against liabilities of $11k, net assets of $4.4m. It reported 26 employees.