Saint Francis School

Analysis

Saint Francis School is a registered charity in United States, based in Carolina, PR. It received its IRS tax-exemption ruling in June 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. 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 July 2023, Saint Francis School reported income of $12.5m and spending of $9.8m, leaving 21% of income unspent that year. Across the 4 years on record, from July 2020 to July 2023, income grew from $8.6m to $12.5m (+45%), an average of +13% a year. The sharpest change came in the year to July 2023, when income rose by 16%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Saint Francis School sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 93rd percentile within PR. Charities of a similar size with the same main cause include Council of Medical Specialty Societies ($12.5m), Blackfeet Community College ($12.5m) and CPM Educational Program ($12.5m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 26% and program service revenue 74% of the total. Other salaries and wages came to $3.9m. At year end it held assets of $16.4m against liabilities of $6.4m, net assets of $10.0m. It reported 200 employees.