St Peters Foundation
St. Peters Foundation: Consistent Revenue, Strong Asset Growth, but Transparency Lacking
EIN: 222329197 · New Brunswick, NJ · Updated: 2026-04-04
Is St Peters Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
St Peters Foundation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About St Peters Foundation
St Peters Foundation (EIN: 222329197) is a nonprofit organization based in New Brunswick, NJ. The organization reported total revenue of $3.3M and total assets of $15.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of St Peters Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates St Peters Foundation with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 70%
- fundraising: 15%
According to IRS 990 filings, St Peters Foundation allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.
Executive Compensation Analysis
Executive compensation details are not available in the provided financial data, preventing an assessment of its reasonableness relative to the organization's size and revenue.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of St Peters Foundation's IRS 990 filings:
- Lack of detailed program descriptions and impact reporting.
- Absence of specific executive compensation figures in the provided data.
- Limited transparency regarding the allocation of expenditures beyond total expenses.
Strengths
The following positive indicators were identified for St Peters Foundation:
- Consistent revenue generation, with total revenue of $3,171,173 in 2023.
- Significant growth in total assets, reaching $15,429,849 in 2023 from $5,973,466 in 2019.
- Maintained low or zero lobbying expenses across all reported years.
Frequently Asked Questions about St Peters Foundation
Is St Peters Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, St Peters Foundation (EIN: 222329197) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does St Peters Foundation spend its money?
St Peters Foundation directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to St Peters Foundation tax-deductible?
St Peters Foundation is registered as a tax-exempt nonprofit (EIN: 222329197). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does St Peters Foundation do?
St Peters Foundation is a nonprofit organization in the Unknown sector, located in New Brunswick, New Jersey. It is classified under NTEE code Unknown.
How much revenue does St Peters Foundation have?
St Peters Foundation reported total revenue of $3,279,285. Based on 13 IRS 990 filings on record.
What are St Peters Foundation's total assets?
St Peters Foundation holds total assets of $15,698,181 as reported in IRS 990 filings.
Where is St Peters Foundation located?
St Peters Foundation is based in New Brunswick, New Jersey.
What is St Peters Foundation's EIN?
St Peters Foundation's Employer Identification Number (EIN) is 222329197. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is St Peters Foundation?
St Peters Foundation is classified under NTEE code Unknown (Unknown).
Is St Peters Foundation a registered 501(c)(3)?
St Peters Foundation appears in IRS records (EIN: 222329197). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does St Peters Foundation file IRS Form 990?
Yes, St Peters Foundation has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was St Peters Foundation's revenue in 2023?
In the 202312 filing period, St Peters Foundation reported total revenue of $3,171,173, total expenses of $1,846,233, and net assets of $15,429,849.
Is St Peters Foundation's revenue growing or declining?
St Peters Foundation's revenue is relatively stable. Revenue went from $3,075,466 (202212) to $3,171,173 (202312), a +3.1% change. Based on 13 filings on record.
What is St Peters Foundation's most recent 990 filing?
The most recent IRS Form 990 filing for St Peters Foundation covers tax period 202312. It shows revenue of $3,171,173, expenses of $1,846,233, total assets of $15,429,849, and liabilities of $361,605.
How much does St Peters Foundation spend on programs vs administration?
Based on IRS 990 analysis, St Peters Foundation allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is St Peters Foundation a trustworthy charity?
Based on AI analysis of IRS 990 data, St Peters Foundation appears trustworthy. Mission Score: 75/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for St Peters Foundation?
The following concerns were identified: Lack of detailed program descriptions and impact reporting.. Absence of specific executive compensation figures in the provided data.. Limited transparency regarding the allocation of expenditures beyond total expenses.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are St Peters Foundation's strengths?
Positive indicators for St Peters Foundation include: Consistent revenue generation, with total revenue of $3,171,173 in 2023.. Significant growth in total assets, reaching $15,429,849 in 2023 from $5,973,466 in 2019.. Maintained low or zero lobbying expenses across all reported years.. These findings are derived from AI analysis of the organization's financial filings.
How does St Peters Foundation compensate executives?
Executive compensation details are not available in the provided financial data, preventing an assessment of its reasonableness relative to the organization's size and revenue. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does St. Peters Foundation ensure its significant asset growth directly translates into increased programmatic impact, given the lack of detailed program reporting?
While assets have grown substantially to $15,429,849 in 2023, the provided data does not offer specific program service accomplishments or metrics to directly link this growth to enhanced mission delivery. Further information on program spending and outcomes would be needed to assess this.
What is the strategy behind the fluctuating revenue, such as the spike to $6,534,559 in 2020, and how does the foundation plan for such variations?
The data shows a significant revenue spike in 2020 to $6,534,559, contrasting with other years. Without additional context, it's unclear if this was due to a specific campaign, large one-time donation, or other factors. A strategy for managing and leveraging such fluctuations would be crucial for long-term stability and planning.
Filing History
IRS 990 filing history for St Peters Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), St Peters Foundation's revenue has grown by 83.5%, moving from $1.7M to $3.2M. Total assets increased by 101.6% over the same period, from $7.7M to $15.4M. Total functional expenses fell by 18.9%, from $2.3M to $1.8M. In its most recent filing year (2023), St Peters Foundation reported a surplus of $1.3M, with revenue exceeding expenses. The organization holds $362K in liabilities against $15.4M in assets (debt-to-asset ratio: 2.3%), resulting in net assets of $15.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $3.2M | $1.8M | $15.4M | $362K | — | — |
| 2022 | $3.1M | $1.7M | $12.7M | $276K | — | View 990 |
| 2021 | $2.4M | $1.5M | $13.1M | $402K | — | View 990 |
| 2020 | $6.5M | $1.7M | $10.9M | $52K | — | View 990 |
| 2019 | $1.5M | $2.4M | $6.0M | $361K | — | View 990 |
| 2018 | $3.6M | $1.7M | $6.4M | $465K | — | View 990 |
| 2017 | $1.7M | $4.2M | $7.7M | $324K | — | View 990 |
| 2016 | $4.8M | $3.0M | $10.2M | $424K | — | View 990 |
| 2015 | $2.8M | $3.4M | $8.2M | $345K | — | View 990 |
| 2014 | $4.8M | $5.1M | $8.6M | $137K | — | View 990 |
| 2013 | $3.3M | $3.2M | $10.3M | $486K | — | View 990 |
| 2012 | $3.6M | $2.1M | $9.9M | $749K | — | View 990 |
| 2011 | $1.7M | $2.3M | $7.7M | $187K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.2M, expenses of $1.8M, and assets of $15.4M (revenue +3.1% year-over-year).
- 2022: Revenue of $3.1M, expenses of $1.7M, and assets of $12.7M (revenue +27.6% year-over-year).
- 2021: Revenue of $2.4M, expenses of $1.5M, and assets of $13.1M (revenue -63.1% year-over-year).
- 2020: Revenue of $6.5M, expenses of $1.7M, and assets of $10.9M (revenue +334.2% year-over-year).
- 2019: Revenue of $1.5M, expenses of $2.4M, and assets of $6.0M (revenue -58.2% year-over-year).
- 2018: Revenue of $3.6M, expenses of $1.7M, and assets of $6.4M (revenue +117.2% year-over-year).
- 2017: Revenue of $1.7M, expenses of $4.2M, and assets of $7.7M (revenue -65.5% year-over-year).
- 2016: Revenue of $4.8M, expenses of $3.0M, and assets of $10.2M (revenue +69.5% year-over-year).
- 2015: Revenue of $2.8M, expenses of $3.4M, and assets of $8.2M (revenue -41.1% year-over-year).
- 2014: Revenue of $4.8M, expenses of $5.1M, and assets of $8.6M (revenue +45.4% year-over-year).
- 2013: Revenue of $3.3M, expenses of $3.2M, and assets of $10.3M (revenue -8.7% year-over-year).
- 2012: Revenue of $3.6M, expenses of $2.1M, and assets of $9.9M (revenue +109.6% year-over-year).
- 2011: Revenue of $1.7M, expenses of $2.3M, and assets of $7.7M.
Data Sources and Methodology
This transparency report for St Peters Foundation 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.