St Madeleine Sophies Training Center

Analysis

St Madeleine Sophies Training Center is a registered charity in United States, based in El Cajon, CA. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, St Madeleine Sophies Training Center reported income of $8.7m and spending of $10.1m, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $9.3m to $8.7m (-6.0%), an average of -1.5% a year. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Madeleine Sophies Training Center sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include St Johns County Council on Aging ($8.7m), Okeechobee Council on Aging Inc ($8.7m) and Lucy Burns Institute Inc ($8.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $201k (2.0% of expenses). Other salaries and wages came to $5.5m. At year end it held assets of $13.2m against liabilities of $3.5m, net assets of $9.7m. It reported 127 employees.