St Josephs Catholic School Inc

Analysis

St Josephs Catholic School Inc is a registered charity in United States, based in Greenville, SC. It received its IRS tax-exemption ruling in December 1992, 34 years ago. 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 June 2023, St Josephs Catholic School Inc reported income of $16.3m and spending of $13.3m, spending 82% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $10.0m to $16.3m (+62%), an average of +13% a year. The sharpest change came in the year to June 2023, when income rose by 36%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Josephs Catholic School Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within SC. Charities of a similar size with the same main cause include Council of Independent Colleges ($16.3m), The Fund for American Studies ($16.3m) and Starlight Childrens Foundation ($16.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 28% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $427k (3.2% of expenses). Other salaries and wages came to $5.9m. At year end it held assets of $17.3m against liabilities of $1.6m, net assets of $15.7m. It reported 175 employees.