St James Health and Wellness Inc

Analysis

St James Health and Wellness Inc is a registered charity in United States, based in McClellanvle, SC. It received its IRS tax-exemption ruling in December 1984, 42 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 March 2024, St James Health and Wellness Inc reported income of $8.1m and spending of $8.2m, spending 100% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $7.3m to $8.1m (+12%), an average of +2.9% a year. The sharpest change came in the year to March 2022, when income rose by 23%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St James Health and Wellness Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 96th percentile within SC. Charities of a similar size with the same main cause include Virginia Hospital Research and Education Foundation ($8.1m), Nome Community Center Inc ($8.2m) and Curtis Home ($8.1m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 48% and program service revenue 52% of the total. Compensation of current officers, directors and key employees was $534k (6.5% of expenses). Other salaries and wages came to $3.7m. At year end it held assets of $7.5m against liabilities of $472k, net assets of $7.1m. It reported 91 employees.