Saint James School

Analysis

Saint James School is a registered charity in United States, based in Montgomery, AL. It received its IRS tax-exemption ruling in January 1975, 51 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 2024, Saint James School reported income of $14.7m and spending of $14.2m, spending 97% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $11.5m to $14.7m (+28%), an average of +5.1% a year. The sharpest change came in the year to June 2021, when income rose by 26%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Saint James School 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 96th percentile, and in the 98th percentile within AL. Charities of a similar size with the same main cause include Instituto Familiar de LA Raza ($14.7m), Youth & Family Services Inc ($14.7m) and Hot Springs Health Program Inc ($14.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 2.5% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $220k (1.5% of expenses). Other salaries and wages came to $6.6m. At year end it held assets of $20.7m against liabilities of $7.3m, net assets of $13.5m. It reported 242 employees.