St Rose Corporation

Analysis

St Rose Corporation is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in March 1946, 80 years ago. 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 June 2024, St Rose Corporation reported income of $416k and spending of $449k, spending 108% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $423k to $416k (-1.6%), an average of -0.4% a year. Over the whole period it spent 114% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Rose Corporation sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within CA. Charities of a similar size with the same main cause include Volunteers of America Inc ($416k), Tahl Mah Sah Buddist Monastery and Temple of America ($416k) and Beaver Area Heritage Foundation ($416k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 1.5% and program service revenue 81% of the total. Other salaries and wages came to $60k. At year end it held assets of $5.7m against liabilities of $36k, net assets of $5.6m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.