St Catherines Village Inc

Analysis

St Catherines Village Inc is a registered charity in United States, based in Jackson, MS. It received its IRS tax-exemption ruling in April 2016, 10 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, St Catherines Village Inc reported income of $25.9m and spending of $25.6m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $12.2m to $25.9m (+112%), an average of +21% a year. The sharpest change came in the year to June 2020, when income rose by 91%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, St Catherines Village Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within MS. Charities of a similar size with the same main cause include Mymichigan Medical Center Standish ($25.9m), Upper Great Lakes Family Health Center ($25.9m) and Generations Family Health Center Inc ($25.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.7% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $257k (1.0% of expenses). Other salaries and wages came to $10.5m. At year end it held assets of $80.5m against liabilities of $64.4m, net assets of $16.1m. It reported 389 employees.