St Joseph Manor

Analysis

St Joseph Manor is a registered charity in United States, based in Thibodaux, LA. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3).

In the financial year ending June 2023, St Joseph Manor reported income of $2.4m and spending of $2.5m, spending 105% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.2m to $2.4m (+8.5%), an average of +2.0% a year. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Joseph Manor 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 87th percentile, and in the 87th percentile within LA. Charities of a similar size with the same main cause include St Marys Residence of New York Inc ($2.4m), American Academy of Anti-Aging Medicine Inc ($2.4m) and Northern Will County Special Recreation Association ($2.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.4% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $72k (2.9% of expenses). Other salaries and wages came to $967k. At year end it held assets of $11.4m against liabilities of $5.3m, net assets of $6.1m. It reported 79 employees.