St Joseph Health Initiative Inc

Analysis

St Joseph Health Initiative Inc is a registered charity in United States, based in Wheeling, WV. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, St Joseph Health Initiative Inc reported income of $241k and spending of $65k, leaving 73% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $130k to $241k (+86%), an average of +17% a year. The sharpest change came in the year to June 2021, when income rose by 749%. Over the whole period it spent 20% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Joseph Health Initiative Inc 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 56th percentile within WV. Charities of a similar size with the same main cause include Happy Hands ($241k), New Castle Playhouse Inc ($241k) and Decatur Area Emergency Assistance Ministry ($241k).

At year end it held assets of $8.3m against liabilities of $0, net assets of $8.3m.