St Joseph Education Endowment Fund Inc

Analysis

St Joseph Education Endowment Fund Inc is a registered charity in United States, based in Winter Haven, FL. It received its IRS tax-exemption ruling in September 1991, 35 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, St Joseph Education Endowment Fund Inc reported income of $491k and spending of $240k, leaving 51% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $206k to $491k (+138%), an average of +24% a year. The sharpest change came in the year to June 2021, when income rose by 859%. Over the whole period it spent 73% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Joseph Education Endowment Fund Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 73rd percentile within FL. Charities of a similar size with the same main cause include Nashville Songwriters Foundation Inc ($491k), Catholic Social Service Endowment Fund ($491k) and Gulab Bano Foundation Inc ($491k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.0% of the total. At year end it held assets of $4.4m against liabilities of $7,159, net assets of $4.4m.