St Joseph Veterans Asso
EIN: 50372386 · Woonsocket, RI
| Metric | Value |
|---|---|
| Total Revenue | $426K |
| Total Expenses | $81K |
| Net Assets | $89K |
Is St Joseph Veterans Asso Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About St Joseph Veterans Asso
St Joseph Veterans Asso (EIN: 50372386) is a nonprofit organization based in Woonsocket, RI. The organization reported total revenue of $426K and total assets of $93K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of St Joseph Veterans Asso's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
St Joseph Veterans Asso is a small nonprofit that has been operating for 30 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -7.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $48K |
| Total Expenses | $81K |
| Surplus / Deficit | $-33,439 |
| Total Assets | $93K |
| Total Liabilities | $4K |
| Net Assets | $89K |
| Operating Margin | -69.8% |
| Debt-to-Asset Ratio | 4.8% |
| Months of Reserves | 13.7 months |
Financial Health Grade: B
In 2023, St Joseph Veterans Asso reported a deficit of $33K with expenses exceeding revenue, holds 13.7 months of operating reserves (strong position), has a debt-to-asset ratio of 4.8% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2023), St Joseph Veterans Asso's revenue has declined at a compound annual growth rate (CAGR) of -7.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +24.2% | +27.3% | -37.1% |
| 2022 | -73.3% | -53.3% | +18.5% |
| 2020 | -19.3% | -30.4% | +110.3% |
| 2019 | -4.9% | +17.6% | -23.8% |
| 2018 | +19.1% | +20.1% | -24.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1996 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for St Joseph Veterans Asso has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates St Joseph Veterans Asso with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $33K, with expenses exceeding revenue.
- Debt-to-asset ratio: 4.8%.
Frequently Asked Questions about St Joseph Veterans Asso
Is St Joseph Veterans Asso a legitimate charity?
St Joseph Veterans Asso (EIN: 50372386) is a registered tax-exempt nonprofit based in Rhode Island. It has 12 years of IRS 990 filings on record. Total revenue: $426K. No red flags identified. Financial health grade: B.
How does St Joseph Veterans Asso spend its money?
St Joseph Veterans Asso reported $426K in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to St Joseph Veterans Asso tax-deductible?
St Joseph Veterans Asso is registered as a tax-exempt nonprofit (EIN: 50372386). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is St Joseph Veterans Asso located?
St Joseph Veterans Asso is headquartered in Woonsocket, Rhode Island and files with the IRS under EIN 50372386.
How many years of IRS 990 filings does St Joseph Veterans Asso have?
St Joseph Veterans Asso has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $426K in total revenue.
Filing History
IRS 990 filing history for St Joseph Veterans Asso showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), St Joseph Veterans Asso's revenue has declined by 60.5%, moving from $121K to $48K. Total assets increased by 6% over the same period, from $88K to $93K. Total functional expenses fell by 42.2%, from $141K to $81K. In its most recent filing year (2023), St Joseph Veterans Asso reported a deficit of $33K, with expenses exceeding revenue. The organization holds $4K in liabilities against $93K in assets (debt-to-asset ratio: 4.8%), resulting in net assets of $89K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $48K | $81K | $93K | $4K | — | — |
| 2022 | $39K | $64K | $148K | $73K | — | View 990 |
| 2020 | $144K | $137K | $125K | $15K | — | — |
| 2019 | $179K | $197K | $59K | $17K | — | View 990 |
| 2018 | $188K | $167K | $78K | $18K | — | View 990 |
| 2017 | $158K | $139K | $103K | $6K | — | View 990 |
| 2016 | $180K | $150K | $86K | $8K | — | View 990 |
| 2015 | $127K | $146K | $52K | $4K | — | View 990 |
| 2014 | $149K | $145K | $70K | $3K | — | View 990 |
| 2013 | $143K | $132K | $92K | $12K | — | View 990 |
| 2012 | $144K | $139K | $88K | $18K | — | View 990 |
| 2011 | $121K | $141K | $88K | $24K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $48K, expenses of $81K, and assets of $93K (revenue +24.2% year-over-year).
- 2022: Revenue of $39K, expenses of $64K, and assets of $148K (revenue -73.3% year-over-year).
- 2020: Revenue of $144K, expenses of $137K, and assets of $125K (revenue -19.3% year-over-year).
- 2019: Revenue of $179K, expenses of $197K, and assets of $59K (revenue -4.9% year-over-year).
- 2018: Revenue of $188K, expenses of $167K, and assets of $78K (revenue +19.1% year-over-year).
- 2017: Revenue of $158K, expenses of $139K, and assets of $103K (revenue -12.1% year-over-year).
- 2016: Revenue of $180K, expenses of $150K, and assets of $86K (revenue +41.5% year-over-year).
- 2015: Revenue of $127K, expenses of $146K, and assets of $52K (revenue -14.5% year-over-year).
- 2014: Revenue of $149K, expenses of $145K, and assets of $70K (revenue +4.2% year-over-year).
- 2013: Revenue of $143K, expenses of $132K, and assets of $92K (revenue -0.9% year-over-year).
- 2012: Revenue of $144K, expenses of $139K, and assets of $88K (revenue +18.7% year-over-year).
- 2011: Revenue of $121K, expenses of $141K, and assets of $88K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for St Joseph Veterans Asso:
Data Sources and Methodology
This transparency report for St Joseph Veterans Asso is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.