St Annes Foundation

Analysis

St Annes Foundation is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in October 1947, 79 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, St Annes Foundation reported income of $621k and spending of $878k, spending 141% of what it took in. Across the 5 years on record, from December 2019 to June 2023, income grew from $220k to $621k (+182%), an average of +30% a year. The sharpest change came in the year to June 2020, when income rose by 142%. Over the whole period it spent 59% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Annes Foundation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include Wimberley Village Library Foundation ($621k), Augusta Rescue Mission Inc ($621k) and Habitat for Humanity International Inc ($621k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 81% of the total. At year end it held assets of $4.7m against liabilities of $0, net assets of $4.7m.