St Francis Foundation

Analysis

St Francis Foundation is a registered charity in United States, based in Bellingham, WA. It received its IRS tax-exemption ruling in October 1986, 40 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, St Francis Foundation reported income of $1.3m and spending of $1.2m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $744k to $1.3m (+72%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 72%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, St Francis Foundation 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 82nd percentile, and in the 82nd percentile within WA. Charities of a similar size with the same main cause include Kiddie Korral 2-0 Child Care Center and Early Learning Program ($1.3m), Beverly Farm Institute ($1.3m) and Virginia Rides ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $74k (6.4% of expenses). Other salaries and wages came to $771k. At year end it held assets of $447k against liabilities of $64k, net assets of $383k. It reported 48 employees.