St Josephs Childrens Home
Analysis
St Josephs Childrens Home is a registered charity in United States, based in Torrington, WY. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 June 2023, St Josephs Childrens Home reported income of $9.1m and spending of $9.3m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.8m to $9.1m (+3.6%), an average of +0.9% a year. The sharpest change came in the year to June 2022, when income dropped by 23%. Over the whole period it spent 101% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, St Josephs Childrens Home sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 98th percentile within WY. Charities of a similar size with the same main cause include Carroll Hospital Center Foundation Inc ($9.1m), After Hours Project Inc ($9.1m) and Spurwink-Ri ($9.1m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $160k (1.7% of expenses). Other salaries and wages came to $5.1m. It paid $60k in professional fundraising fees. At year end it held assets of $21.8m against liabilities of $2.6m, net assets of $19.2m. It reported 143 employees.
Income and spending
Where the income comes from
- Contributions & grants 13%
- Program services 74%
- Other 13%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Carroll Hospital Center Foundation Inc | Westminster | $9.1m |
| After Hours Project Inc | Brooklyn | $9.1m |
| Spurwink-Ri | Cranston | $9.1m |
| Phillips County Hospital Assn | Malta | $9.1m |