St Jude Inc

Analysis

St Jude Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in January 2013, 13 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 December 2023, St Jude Inc reported income of $10.8m and spending of $3.7m, leaving 66% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $10.8m (+772%), an average of +72% a year. The sharpest change came in the year to December 2020, when income rose by 806%. Over the whole period it spent 34% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, St Jude Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 97th percentile within TX. Charities of a similar size with the same main cause include Reach for Your Potential Inc ($10.7m), Superior Living Foundation Inc ($10.8m) and Fit-Nhnh Inc ($10.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 43% of the total. Other salaries and wages came to $649k. At year end it held assets of $32.0m against liabilities of $4.1m, net assets of $27.9m.