St Paul Institute

Analysis

St Paul Institute is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in April 2020, 6 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Paul Institute reported income of $368k and spending of $387k, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $106k to $368k (+248%), an average of +37% a year. The sharpest change came in the year to December 2020, when income rose by 105%. Over the whole period it spent 91% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, St Paul Institute sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within TN. Charities of a similar size with the same main cause include Haiti Hope Mission Inc ($368k), Gathering Place ($368k) and Center for Faith and Work Saint Louis ($368k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 26% of the total. Compensation of current officers, directors and key employees was $64k (17% of expenses). Other salaries and wages came to $151k. At year end it held assets of $438k against liabilities of $230k, net assets of $207k. It reported 10 employees.