St Joseph Housing Initiative

Analysis

St Joseph Housing Initiative is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in April 2019, 7 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, St Joseph Housing Initiative reported income of $897k and spending of $398k, leaving 56% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $208k to $897k (+332%), an average of +44% a year. The sharpest change came in the year to December 2020, when income rose by 134%. Over the whole period it spent 53% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, St Joseph Housing Initiative sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 76th percentile within MO. Charities of a similar size with the same main cause include Franklin Homestead Inc ($897k), Fellowship Manor Ltd ($898k) and The Southwest Fair Housing Council ($897k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Other salaries and wages came to $214k. At year end it held assets of $1.9m against liabilities of $15k, net assets of $1.8m. It reported 3 employees.