Saint Joseph University Foundation Beirut Inc

Analysis

Saint Joseph University Foundation Beirut Inc is a registered charity in United States, based in North Andover, MA. It received its IRS tax-exemption ruling in March 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Saint Joseph University Foundation Beirut Inc reported income of $375k and spending of $17k, leaving 96% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $223k to $375k (+68%), an average of +19% a year. The sharpest change came in the year to December 2021, when income rose by 204%. Over the whole period it spent 27% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Saint Joseph University Foundation Beirut Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 67th percentile within MA. Charities of a similar size with the same main cause include Fluvanna Meals on Wheels Inc ($375k), Lake Trust Credit Union Foundation ($375k) and Woodstock Area Adult Day Services Inc ($375k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% of the total. At year end it held assets of $1.7m against liabilities of $27, net assets of $1.7m.