Saint Patricks School Inc

Analysis

Saint Patricks School Inc is a registered charity in United States, based in Guayama, PR. It received its IRS tax-exemption ruling in October 2021, 5 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 December 2023, Saint Patricks School Inc reported income of $3.5m and spending of $2.7m, leaving 24% of income unspent that year. Across the 6 years on record, from December 2017 to December 2023, income grew from $2.3m to $3.5m (+51%), an average of +8.6% a year. The sharpest change came in the year to December 2023, when income rose by 51%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Saint Patricks School Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 86th percentile within PR. Charities of a similar size with the same main cause include Nantucket Project Academy Inc ($3.5m), Impactstory ($3.5m) and American Friends of Rabbinical College Netiv Hadaat Inc ($3.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 58% of the total. Compensation of current officers, directors and key employees was $78k (2.9% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $2.3m against liabilities of $1.1m, net assets of $1.2m. It reported 92 employees.