St Josephs Educational Foundation Inc

Analysis

St Josephs Educational Foundation Inc is a registered charity in United States, based in Lakeland, FL. It received its IRS tax-exemption ruling in March 1992, 34 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2022, St Josephs Educational Foundation Inc reported income of $107k and spending of $158k, spending 147% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $361k to $107k (-70%), an average of -33% a year. The sharpest change came in the year to December 2020, when income rose by 100%. Over the whole period it spent 71% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, St Josephs Educational Foundation Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 42nd percentile within FL. Charities of a similar size with the same main cause include Project Hope of Lane County ($107k), Scare for a Cure Inc ($107k) and Coral Springs Police Officers Foundation Fop Lodge 87 ($107k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 4.3% of the total. At year end it held assets of $4.4m against liabilities of $0, net assets of $4.4m.